Is it cheaper to pay my insurance monthly or in a lump sum?

Paying a lump sum is cheaper. If you prefer to pay in monthly instalments by direct debit, you can benefit by spreading the cost over a year. This costs a bit more and is subject to our terms and conditions.

When you pay for your policy by direct debit, the loan agreement is regulated by the Consumer Credit Act 1974. This allows you to cancel your credit agreement within 14 days of receiving your paperwork, without a penalty. 

In this event, you'll need to pay your policy premium in full to continue your contract of insurance with us.