I have a question: Has anyone every set up a(n) automatic withdraw per month to pay their vehicle insurance and it has not come out for that month?
***I have GEICO and I set up the automatic withdraw once monthly to pay for my vehicle insurance. Well.............the first payment never came out last week. And, the 2nd payment is due in a week. I am going to call them but, I wanted to make sure its not just me. The lady even read back my card information to me when I set it up 2 weeks ago....
I am behind on my loan payments for our vehicle. Could this affect vehicle insurance though? I have not heard of this but, was wondering.
Answer by Aries46845 at 7:33 PM on Mar. 1, 2011
Answer by Anonymous at 7:53 PM on Mar. 1, 2011
Answer by lovingmy4babies at 7:53 PM on Mar. 1, 2011
We have our insurance withdrawn from our bank account every month on the 24th. Even though they say it is taken out on the 24th, it takes about 7 days for it to actually show and clear from our bank. I would call the insurance company to make sure that your payment has posted. If it has then it is probably just taking a while for it to clear at the bank.
Answer by JeremysMom at 9:25 PM on Mar. 1, 2011