Commercial Insurance that does not need to be Paid In Full...in Texas.

Omg "you ain't kidding neighbor!!!!!! I have the same M.O.!!! I'm with you,I'll flip burgers before I let my credit get blemished in anyway!!! That's ONE thing my dad DID teach me...ALWAYS ALWAYS PROTECT YOUR CREDIT! There's been times since having to retire from bedbugging that times were extremely tough,so I've had to dig my heels in just to protect it and its been hard to say the least.

 

I used to move folks like that all over the country....but they had live in nannies,butlers!!! They didn't even need insurance bc they had enough money for 5 generations!!! Lucky you to be in that circle. Wish I was

 

ha! I wish I had that kind of money, but no I just don't do the amrican buy on credit deal... I like to save and pay cash whenever possible.


but when getting insurance for the first time it is generally better to do a payment plan, you never know if you and the agent and or underwriter might not get along.. much easier to switch when you don't have a chunk of money tied up.

 

Your credit rating should have nothing to do with your insurance rates. I know some insurance companies regularly use credit as an excuse to hit those with a few dings with a higher rate, but it is wrong. Besides, many people with impeccable credit have taken a hard hit with the recession who had never had bad credit before. There can also be reasons such as health which can come out of nowhere to harm people's credit. It is much too easy for anyone who wants to see your credit to gain access. I think that is a contributing factor to some of the identity theft going on. In any case, the only things which should affect your insurance rates are your mvr and whether you have had recent claims. There is also no reason why insurance companies should not bill monthly, regardless of your credit rating. If you don't pay the premiums they simply cancel your policy. You pay monthly in advance, anyway.

 

the way insurance works is when it's not paid in full then they are financing it for you, hence why it is cheaper paid all up front.

 

Yes i just got a good quote offering a 6 month policy or 12. the 6 month one is about the same rate and easier to pay in full up front. still a big chunk of change but maybe an option for some one.

 

You should not pay more than 5-7% interest for financing your commercial insurance. Some may offer a discount if you allow them to schedule monthly payments through a checking account. If you can afford to pay annually for the year, it may be worth it for some, but for the low interest it is easier to budget paying monthly. Plus, you may not have enough money to lay out all that cash for the entire year.

 

Well I FINALLY got in touch with OOIDA and found out they were really short handed on help,hence the reason I couldn't get through,and the ladies were very nice. So now I feel bad!!
Apparently the trucking industry is taking a bad turn as far as ins goes,and a lot of ins co's don't want to write it anymore,so they are flooded with calls.So I had to take the day off to get ahold of them,but it's done and they are saving me a bit more from the co I was with...So alls good in the neighborhood.

So if you find yourself needing an ins co that you CAN do monthly,they are there.