How does the down payment work?

If you choose to make monthly payments, you’ll pay two months’ worth of premium on the date you purchase. This means you’ll only need to make 10 monthly installments during the rest of your policy term.

You’ll also need to make the down payment with a credit card or a PayPal account, but you can change your method of payment for your remaining payments. Your PayPal account can be connected to any method of payment accepted by PayPal.

After purchasing, it’s important that you review your payment schedule to see what two months your down payment was applied to. To see your full payment schedule, log in to your Sonnet account. Click the policy you would like to review and select Update payments.