Does it make more sense to pay for my insurance premiums monthly or yearly?

I would say it depend on your cash flow. Some like to pay monthly for cashflow and easier expenses tracking, while losing the discount in the process.

As Yixiong Mentioned, the discount can vary from 1% to 3% so it also depends on the policy paid. You shouldn't spend too much time though to decide. Also, someone else has posted a similar topic.

https://seedly.sg/questions/should-i-pay-insura...

Yearly.

You will pay about 3% more if u paid monthly. To the insurer time is money.