YES if you have an auto or homeowners’ insurance policy and you pay the premium in monthly installments with a percentage-based finance charge.
NO if your policy has a prefix of CAAS or PAA or if you have an auto or homeowners’ policy and instead of a percentage-based finance charge, you pay a flat installment fee in the same amount each month (for example, $3 or $7 each month).
IMPORTANT NOTE: This program is for illustrative purposes only and is meant to provide an approximate estimate of the amounts of your minimum monthly payments and finance charges. The exact amounts of your minimum monthly payments and finance charges may change due to future events (For example, you make a change in your policy that affects the amount of your premium, or you pay more or less than the minimum monthly payment).
PLEASE CONSULT YOUR MONTHLY STATEMENTS FOR THE EXACT AMOUNT OF EACH MONTH’S MINIMUM PAYMENT AND FINANCE CHARGES. YOU WILL BE REPONSIBLE FOR PAYING THE AMOUNT SHOWN ON YOUR MONTHLY STATEMENT, EVEN IF A DIFFERENT AMOUNT IS SHOWN ON THIS PROGRAM.