Finding Cheap Monthly No Deposit Car Insurance
The size of the deposit you pay for auto insurance often corresponds with the amount you’re expected to pay every month for the duration of your policy. For example, if you pay a large amount of money for the deposit then you can generally expect to pay less for your monthly fees. Conversely, the lower the deposit, the higher the monthly price spikes. So finding very cheap car insurance no deposit is somewhat of an oxymoron.
I personally think that this is kind of an underhanded tactic to trick people to buying policies that they don’t fully understand. Most people live busy and hectic lives and haven’t got the time nor the inclination to really sit down and work out what car insurance coverage they’re getting and how much they’re paying for it. In these frantic times, most people will just settle for the first insurance company that gives them what they feel is a reasonable price. Most consumers are blind to the tricks of the automobile insurance salesman.
They’ll either focus on the cheap rate and ignore the massive deposit or they’ll see that the deposit is cheap and turn a blind eye to the ridiculous monthly fees. Like I said, most people are too busy to really see what’s going on so they just settle. They don’t realise that they’re better deals out there and that they can have their cake and eat it too.
There are plenty of car insurance providers out there that are now offering policies without a deposit. Judging by the examples I outlined above, you’d expect that these no deposit policies cost an arm and a leg for the monthly payments. At one time, this might’ve been the case. But not now.
Many auto insurance companies are offering good car insurance that have both cheap monthly payments and no deposit. No hidden costs or any clauses waiting to bite you in the behind. I’m telling you that you can have both without any downsides.
The other day, after a long and gruelling search through different auto insurance companies, I managed to find such a company. Here (http://www.cheapcarinsurancenodeposit.com/) I’m now fully insured and covered with this company and my monthly bills are lower than ever. I paid $0 for the deposit yet I get to enjoy the peace of mind of having full coverage at such a good, low price.