Have you ever wondered if you can buy cheap car insurance with no down payment? It is possible, depending on what state you live in. In some states it is possible to buy auto insurance from well known companies without a down payment. With this research you will be able to make the smart decision when buying car insurance. Enter your ZIP code into our FREE auto insurance comparison tool to get free quotes now!
States in Which You Can Buy Cheap Car Insurance without a Down Payment
You may have to do some auto insurance comparison shopping to determine if you can buy cheap insurance without a down payment in your state. California has the most insurance companies that provide car insurance without a down payment. Some of the other states that provide this include:
- New York
- Washington State
Companies Which Provide Car Insurance without a Down Payment
Some of the companies which do allow consumers to buy cheap auto insurance without a down payment include:
- State Farm
- Safe Auto
- Cheap GA Auto Insurance
- 21st Century Insurance
- Liberty Mutual
How to Find the Deals
One of the best ways to find cheap car insurance with no required down payment is to shop online. If you shop locally, the agent may not always have access to real time information that you can find online and access to instant comparisons based on a number of different factors.
Online, websites offer all the information necessary about car insurance. Most of the time, you will just need to enter your zip code to get a list of car insurance companies in your state. On our website, just enter your ZIP code into our FREE comparison tool to get quotes. Depending on the site, you may also be asked to share information about your driving history, your car, and how much coverage you want. Getting free quotes has never been easier.
When Shopping Online, Check Quotes From Large and Small Insurance Companies
When you are doing comparison shopping online, don’t think the only good deals out there are offered by large, well known companies. You might be surprised at how good a deal a small, local company might offer.
How Cheap Car Insurance with No Down Payment Works
The no down payment option is usually offered to middle class families that can’t afford an expensive down payment. Those who buy the insurance usually have several options for making payments:
- Annual payments
- Monthly payments
- Payments every three months
- Payments every six months
- Payments every year-and-a-half.
By paying annually, however, consumers can avoid a service fee of up to $10 monthly they might pay otherwise.
How Car Insurance Protects Drivers
You just can’t drive without it, or if do, you will live to regret it. It is illegal to drive on public roads without insurance. Having insurance is a legal requirement for driving, the same as a driver’s license.
Car insurance protects the driver, his passengers, his car, and people in other cars. No down payment insurance makes getting insurance cheaper and simpler. Having insurance proves you are protected in case of an accident and that you are a competent driver.
What Cheap Car Insurance Provides
It depends on the policy and the insurance company, but many companies often provide just liability and property coverage, to protect you if someone else’s car is damaged or someone is injured. Often this is enough to meet the minimum legal requirements.
Some car insurance companies do provide a little more coverage. It is to your benefit to do comparison shopping online to see which companies have the best policy. Some people can only afford the basic insurance required by law.
If you are at fault in an accident and have only liability and property coverage to pay for the other person’s car, you must pay for your own medical expenses you have and your car repair bills. If you are not at fault in an accident, your insurance will not be charged.
Each state has its own requirements as far as car insurance. You should find out what is required in your state.
Ask Different Companies about Discounts They May Offer
Many companies offer different discounts for car insurance. You may have to ask about them to get them, however, so research what discounts you could be getting and make an online auto insurance comparison to see what companies offer!
One type of discount that is often offered is a package deal. If you have life insurance, home insurance, and car insurance through the same company, you may pay less. If you don’t drive very much, you may get a good discount. If you have students in your family and they are on your policy, you may get a discount if they get good grades.
Your Credit History May Affect the Price of the Insurance You Receive
At one time, credit history did not have much bearing on how much a driver paid for car insurance. This is no longer true. Most car companies will check this, although to do so is illegal in California. Expect to pay less if your credit history is good.
If you work to improve your credit history, you should check again about getting better rates. You can get a copy of your credit report annually, and your car insurance rates should improve as this improves.
No Down Payment Insurance Should Not Cost More
In most cases, no down payment insurance does not have higher premiums, so it would be to your advantage to get it, if it is available in your state.
No Down Payment Insurance Will Benefit You
You can get no down payment insurance in many states from well-known companies. Because you must have insurance to drive, it might pay you to investigate. Once you know the requirements for your state and the companies that make no down payment auot insurance available, compare quotes FREE with our auto insurance comparison tool. Just enter your ZIP code now!