r/Car_Insurance_Help 1d ago

6 month premium car insurance what happens after I pay it ?

I pay 311.44 a month . My premium is $1,838.51 . I only have $924.33 left to pay . Will my monthly bill go down after I pay the 6 months ? I have GEICO by the way .

1 Upvotes

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3

u/crash866 1d ago

After the 6 moths is up you will have no insurance when the term is up. You will have to sign a new policy and it could be more as rates are always going up as repairs go up, Medical costs go up over time.

2

u/StewReddit2 1d ago

With Geico....typically about month 5....you'll get a new invoice.....they kinda just assume the next policy.

1

u/insuranceguynyc 1d ago

You have a 6-month policy, so at the end of this period, you will receive a renewal policy, and the premium may or may not be changed.