Car Insurance with No Deposit payable

HINTS & TIPS

  • USE ALL THE LINKS - Unfortunately, the number of insurers offering car insurance without the need for an initial deposit are few and far between. This is because people in the past have bought the policy online with no intention of ever paying any premium. Remember, you are entering into an annual contract with the insurer, and your premium must still be paid. No deposit car insurance is not an excuse not to pay for your insurance, it is merely a tool enabling you to buy online without the need for a large initial sum.
  • COVER TYPE - The majority of insurer's minimum cover is 'third party fire & theft'. Therefore, do not assume that 'third party only' policies are cheaper, as there are far less quotes to choose from and you're restricting your market choice. Likewise, some insurers only offer comprehensive car insurance, and some have a large 'age of car' discount built in to their rates for older cars (particularly for drivers over 25). So, your cheapest option may be comprehensive, even though third party only cover is adequate for your requirements. On the other hand, if your car is not worth a huge amount of money, consider third party fire & theft instead of comprehensive.
  • DRIVERS - Some insurers give a larger discount for 'insured and spouse' than for 'insured only' to drive. Even if your spouse is unlikely to drive your car, get a quote with him/her named as a driver as this could reduce your premium! If you are a young driver, try adding a more experienced person as a named driver (parent?) as this could also save you money. Remember, if they're named on the policy they don't have to drive the car!
  • EXCESS - The vast majority of companies have a 'compulsory excess' built in to their policy, normally £100.00. This is the amount YOU contribute towards a claim. You can reduce your premium by opting for a 'voluntary excess' which is added to the compulsory excess. You can buy a completely seperate 'Excess Protection' policy for almost definitely less than the difference between quotes with and without a voluntary excess. In other words, you can save money on your premium, but end up paying ZERO EXCESS if you do have a claim!
  • LEGAL COVER - All insurers will try to tempt you into taking their 'Legal Cover', or 'Motor Legal Protection' and some are charging over £35.00 for this add-on. It can prove to be invaluable if you do have a non-fault accident, but there is absolutely no need to purchase it with your motor insurance. We offer this cover completely free to all site visitors, whether you end up buying a policy via a link from this site or not! Click here for more information.
  • DON'T CHEAT! - You might save some money by not declaring your accidents, convictions, modifications or other material facts, but if you do this the chances are if you do need to make a claim the insurer will either back out completely, or ask for an additional premium. Tell the truth!
  • COME BACK & VISIT! - Don't assume that because you've found the cheapest deal this year that this will be cheapest next time around. Bookmark this site and return again next year to check the market again at renewal, as insurers do fluctuate their premiums from year to year, and we'll almost certainly have new/different links for you.

The above 'hints and tips' are generalisations, and should not be taken as advice from Help Insure Me Ltd. Any decisions you make in buying insurance, or in connection with buying insurance are completely at your discretion and Help Insure Me Ltd cannot be held responsible for any decisions made by you whatsoever.

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AA

Automobile Association Insurance Services Ltd will search their panel of insurers to get you the best deal. They do not insist on a large deposit, but split the total premium (plus interest) by 12 equal payments. You'll need to pay the first instalment by credit/debit card to incept the policy. 

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More Than

More Than do not require a deposit at all, and will split your total premium (plus interest) and take all monthly premiums direct from your bank account. 

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Thank you for viewing our no deposit car insurance page, we hope it was useful and saved you money!