I've been accident-free for a few years now (knock on wood, lol), and my insurance company just sent me an email offering either a yearly cashback bonus or permanently lower monthly premiums. I'm kinda torn—cash back sounds nice, but lower monthly payments could add up over time, you know? Anyone else had this choice before, and what did you end up picking?
"cash back sounds nice, but lower monthly payments could add up over time, you know?"
Haha, totally get the temptation of that cashback bonus—feels like free money, right? But honestly, from what I've seen, the lower monthly premiums usually save you more in the long run. Think of it this way: cashback is like a tasty snack, but lower premiums are the meal that keeps you full longer. I'd go with the premiums myself...but hey, that's just my two cents (or cashback cents?).
Yeah, cashback always sounds tempting, but honestly, after my last road trip fiasco, I'm leaning toward lower premiums. Got a flat tire in the middle of nowhere and had to call roadside assistance—wasn't cheap. Those lower monthly payments would've definitely softened the blow. Cashback feels nice upfront, but when unexpected stuff hits the fan (and trust me, it does...), steady savings seem way more practical. Still, everyone's situation is different, so who knows?
