When it comes to paying for your Prima car insurance, you have two options:
- Pay in one lump sum
- Pay in monthly instalments
Lots of drivers prefer to pay in monthly instalments. But it’s worth noting that this option is more expensive. That’s because you’ll be entering into a credit agreement with Close Brothers, our premium finance partner. Essentially, Close Brothers pay the cost of your annual policy upfront, then you pay them back in monthly instalments with interest.
Close Brothers are a responsible lender. So before you take out a credit agreement, they’ll run a soft credit check. This is to make sure that:
- You can afford the monthly payments
- They can legally lend to you