After All, This is a Holiday Worth Celebrating
You pretty much know the holidays, right? New Year's Day, Martin Luther King, Jr. Day, President's Day, etc.
So, what's a payment holiday?
While a payment holiday doesn't get you a day off of work or any mega sales at the mall, it does give you a break from your regular auto insurance payment schedule.
With a payment holiday, you pay your monthly auto insurance bill five months in a row when you choose to pay in installments. Then, you get the sixth month off. Likewise, for renters or homeowners insurance, you pay your monthly insurance bill for 11 months in a row and get the 12th month off.
How do I sign up for a payment holiday?
You don't have to sign up. At Ameriprise Auto & Home, we offer payment holidays to customers who choose to pay their premiums monthly.
When is my payment holiday?
It's the last month of your current policy term. To find that info, check your identification card.