DavidM Posted: 9/18/2010 10:38am PDT Insurance companies are extremely non-forgiving when they don't get their money. I, too, in earlier years was caught in that same trap and it cost me dearly. I found that the easiest alternative was to pre-pay for a year and get the discount but, am very aware that might be impossible for most people so the true alternative is the automatic monthly withdrawal. If you set this up with your insurance company then they will automatically withdraw the necessary funds from your checking account on the designated date and this will avoid any and all problems. If this will make you tight in your bank account then arrange for a small overdraft allowance from your bank to cover. Hope this helps.