Car insurance companies often charge extra fees for paying premiums in installments, but discounts may be available for paying annually, such as Progressive's up to 15% off. Auto-Owners also offers a pay-in-full discount and is known for its affordable rates and high customer satisfaction. For those unable to pay upfront, a high-yield savings account like Marcus by Goldman Sachs can help save for the premium. Credit card payment fees can be avoided by setting up automatic transfers from a checking account. Additionally, roadside assistance can be redundant if you already have coverage elsewhere, like through a credit card's benefits. Finally, gap insurance might be unnecessary if it's included in your lease. It's important to review your policy and eliminate unnecessary fees to save money.
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