✅ Answers
Answerer 1
There are no finance charges or late charges to pay monthly on a State Farm auto policy. There is a billing charge of $3. per month unless you want it drafted from your checking/credit or savings account. If you would like it drafted and a bill sent to you, it’s $2. per month. If you would like it drafted and no bill sent, there is a $1. per month charge.
The other options of payment are, every six months or 1/2 down and a $2. charge for paying half, then the other half will be due 60 days later.
This applies in the majority of states.
Source(s):
Owner of a State Farm Agency. Over 24 years experience.
Answerer 2
Generally, buying ANYTHING on “monthly payments” is a bad idea. Insurance is no exception, in most cases.
Answerer 3
What the heck is “every 3couple months”?
Some reason you can’t write clearly.
So ask the agent.