Some people might only save $ 20 off the annual cost of their policy by paying yearly, for example, while others can save $ 200. (4autoinsurancequote.com)
However, the difference isn't significant — it shouldn't add more than 5 % or 10 % to the total annual cost of your policy in most cases, for example. (4autoinsurancequote.com)
You may also want to consider the increased costs of the policy. (lifeinsurance.org)