Can I Pay My Homeowners Insurance Monthly? 
When you apply for insurance the payment method and frequency is established at inception . Many carriers offer a monthly payment and usually accept credit card , debit card , or automatic deduction from a checking or savings account . Masny carriers may allow you to change payment methods and frequency for your policy -LRB- or policies -RRB- mid-term . Make sure the current method of payment is terminated and your new payment method is activated -LRB- especially if you change insurance carriers -RRB- . Get copies of all transaction documents -LRB- authorizations , cancellation requests , cancellation acknowledgements , applications , bindersetc . -RRB- and keep them on file . 