I would like to know it’s permissible to buy the car insurance in instalments. When purchasing annual payment it’s a one of payment much cheaper than the 12 months instalments, but when purchasing 12 months instalments paying higher than the annual payment.
May Allah bless you.
If you can afford to pay in one go, then its better as you will avoid paying more interest. However, if you cannot afford to do it, then its fine to pay by instalments.