Do you get your deposit back from auto insurance?

Almost all U.S. states, except New Hampshire and Virginia, require drivers to carry auto insurance, meaning most Americans will need to apply for coverage eventually. Generally, when applying for coverage, insurers will require a deposit or down payment alongside an approved application. The initial deposit required with the application applies toward future coverage payments. Keep…

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Is auto insurance considered a utility bill?

Can car insurance be considered a utility bill? Find out here. If you’ve had to show proof of your address, you might have used a utility bill. Companies and organizations that use utility bills to verify a person’s identity and address do so because this is a simple and reliable method that should not be…

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Can I pay my auto insurance online?

When you’re considering the auto insurance options available in your state, one important factor to keep in mind is the ease and convenience of payment. You can make use of a variety of mechanisms to pay your car insurance bill: traditional mail-in payments an automatic payment option online banking managed through your bank’s website payment…

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Can you pay for your auto insurance with cash?

Paying cash for an insurance policy can be an easy way to make payments, particularly for those without access to more common payment methods such as credit cards or bank transfers.  But can you pay cash for a car insurance policy? Unfortunately, many auto insurance companies do not accept cash payments, citing security and fraud…

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Is there a limit for auto insurance rate increases? (2025)

A few are beyond personal control such as an insured’s gender, age, residence, and perhaps even marital status. One factor that directly affects the amount of premium paid is selecting a deductible. Individuals seeking lower premiums can opt for a higher deductible. This decision plays a significant role in how insurance rates are determined. Additionally, car…

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Should I pay my auto insurance in full?

Sometimes acquiring auto insurance can be confusing, especially when it comes to things like deciding when the insured has to have a paid-in-full auto insurance policy. That’s because payment plans and options vary from one auto insurance company to the next. Not only that, but courts can impose certain restrictions on drivers who have a…

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