Should you go on automatic payments or not? I have this question all the time.
Automatic payments are great for individuals that have a checking account and have regular paydays. You pay a lower billing fee (yes there is still a billing fee). You don't have to worry about whether you remembered to send it in, log onto the insurance company website, and you don't have to call your agent to make your payment.
However, if you have troubles in your account, or you don't want to renew with the company you are currently with, you have to give the insurance company notice. Otherwise, the instructions to withdraw the premium will have already been sent to your bank, and no one will be able to stop it. The stated length of time they need is 10 days. So be aware.
Give us a call at Pulse Insurance in Gresham Oregon – 503-489-3143 or stop by at 4239 SE 182nd Ave in the Powell Vista Shopping Center.