No Down Payment Car Insurance – Is it For Real?

Apr 11th, 2010



Can You Find Car Insurance With No Down Payment?

I can think of many reasons why people would not want to hand over a large check in exchange for coverage. Here are a couple of very common ones.

Budgets are tight, and the family can only afford to make monthly payments. Premiums have already been paid for the old insurer’s coverage.

I have seen a lot of articles and ads that attract business with offers of coverage without a large upfront payment. But are these really true? Understand that a policy is a contract, and this requires an offer and an exchange. The insurer offers to cover you in exchange for a payment. So in order to complete the exchange, some payment would be required.

But you do have some options. Many

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