If you pay your car insurance plus interest on time every month, it could help improve your credit score over time. Your monthly car insurance payments show up on your credit report, so it’s a way for you to demonstrate you’re a reliable borrower who pays their debts.
On the other hand, any missed or late payments  will bring down your credit score – your insurance provider could even cancel your policy.
Setting up a direct debit payment is the best way to ensure you never miss a car insurance payment.