Paying for web hosting annually has several benefits. First, it allows you to lock in a lower rate for the entire year, as many hosting companies offer discounts for annual plans. This can help you save money in the long run. Additionally, paying annually can provide peace of mind knowing that your website will be up and running for a full year without any interruptions due to non-payment. Finally, annual payments may also come with additional benefits such as higher levels of support and more resources, which can be helpful for businesses with more complex websites.