Insurance NSF PaymentsMy car insurance has lapsed due to a bad financial year. When the payment came due, funds came up NSF. This has happened twice because payments were higher than I had been quoted, and then payments were not debited on the day I expected. After this experience, I need to find an insurance company that will work with me and let me continue to make monthly payments as opposed to having to pay the full amount upfront. Any advice or suggestions?
Answer: This is a tough situation. Our only suggestion is to provide the same information to an insurance broker and have them do the footwork for you because of your unique situation. A broker might have a better chance of finding a solution for you, given the credit problems that you've had.