The Monthly Car Insurance Trap: Why “Convenient” Can Mean “Expensive”
You open your car insurance renewal, brace for the annual figure, and then spot a friendlier option: pay monthly instead. The relief is real — a big lump sum turns into a series of manageable bites. But before you tick that box, it’s worth asking a question most of us skip: why is the monthly total often higher than the annual price divided by twelve?