Method and plans of Geico direct payment
Geico direct pay is easy to pay your insurance in your way. You can also use GEICO’s Direct Pay services to pay your GEICO auto insurance premium directly from your Bank of America checking or savings account. You have your own way of managing, controlling and paying the bills. This is your choice of payment that how you want to pay, with Geico you can pay your insurance premium all at one time or once in month. You can also rely on the tried and true US Postal Service or can pay online, not an issue. Select a payment plan and method which is most suitable for you.
Notes for payment:
- Certain payment plans may not be available in all states.
- If you elect to pay your premium in installments, you may be subject to an additional fee for each installment payment.
- The fee amount will be shown on your billing statements and is subject to change.
- Florida policies issued by GEICO or GEICO General with only Personal Injury Protection (PIP) and/or Property Damage coverage must be paid in full.
Auto Insurance Payment Plans:
Pay Your Bill in Full: This indicates that just pay your policy premium before due date, after payment you will be free from installment charges.
Budget Your Payments Over Time:
- Pay in 2 installments: Divide the total car insurance premium in two parts, first pay on effective date of policy, and rest of after two months.
- Pay in 3 installments: Pay 40% of total premium on effective date of car insurance policy, then two payments of 30% will be due at two and three months after effective date.
- Pay in 4 installments: On the effective date of your policy, pay 25% and other three payments of 25% will come on 2, 3, and 4 months after the effective date.
- Pay in 5 installments (New Policies Only): Pay on effective date of policy 33.3% of total premium and rest payment of 16.675%, pay each month for the 4 months after the effective date.
- Pay 6 installments (Renewal Policies Only): This is for renewal policy; you will be given bill of 16.66% of total premium before the effective date of policy, after that you have to pay five additional payment of 16.67% will be payable each month.
Car Insurance Payment Methods :
One-time Online Payments:
You can write online check, or you can login to Policyholder Service Center, provide account information, if you want to use credit or debit card, login to Policyholder Service Center click on “Pay by Card” provide your payment and card account information.
Automatic Online Payments
Electronic Funds Transfer (EFT):
In this method your payment will automatic deduct from your checking account. In most states when using EFT the service fee is $1.00.
There are other options available here of payment such as By Phone and By Mail. If you want to change your payment plan or method, call 1-800-932-8872 to discuss your options with a GEICO customer service representative.
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