Like Progressive, Geico allows customers to choose which car insurance policy is best for them. Most insurers offer payment plans, which means you can choose to pay your car insurance premium in monthly or one-time installments. Auto insurance companies typically offer a six-month policy or a 12-month policy, but some insurance companies offer both and let you choose. Insurance companies typically offer a six-month policy or a 12-month policy, but some insurance companies offer both options.
Most car insurance companies usually give you a choice about how long you want to keep your car insurance policy. The final insurance policy premium for any policy is determined by the insurance company upon application. It's increasingly common for drivers to prefer a policy that lasts an entire year rather than having car insurance for just six months. The good thing about having a 12-month term is that your car insurance rate will remain fixed for an entire year, so you'll know what to expect from month to month.
A 12-month car insurance policy typically offers more security, while a six-month car insurance policy offers flexibility, allowing you to compare rates more frequently. Auto insurance companies review rates at the end of the policy period, so the cost of your insurance coverage may decrease more quickly. Insurance is sold in increments of six and 12 months, so you can absolutely insure your car for six months. Drivers who buy, lend, or rent a car for a short period can purchase an insurance policy and then cancel it by returning the car and getting a refund for the remaining balance.
The length of your policy has less to do with what you pay for insurance than with other factors, such as your age, gender, zip code and the type of car you drive. Regardless of the length of the policy you choose, you should compare quotes from some of the best auto insurance companies on the market. Geico has recently adopted six-month auto insurance policies, allowing customers to renew after the six-month period is over.