Icon CheckLast updated: July 28, 2022

Monthly Car Insurance with Low or No Down Payment

Looking for instant auto insurance with no down payment? Or simply trying to get some month to month car insurance coverage? If you’re looking for no down payment auto insurance, you’re in luck. With a little bit of time and some savvy comparison shopping, you can buy monthly auto insurance and pay only the 1st month down without having to pay for 6 months or more up front.

In this article, we’ll show you how to find cheap full coverage auto insurance with no down payment, as well as cheap down payment car insurance, cheap monthly car insurance, and car insurance with no down payment at all. Here’s how to find a policy with no down or a low down payment and pay month to month to continue the coverage.

What is monthly car insurance?

First, let’s cover some background: Monthly insurance is a policy where the premium can be paid in monthly payments with a 30-day installment plan. Policyholders can choose to make payments every month as long as they want to keep their policies in force. Although policy terms may be 3, 6 or even 12 months, payment options are offered based on personal preference.

For free, you can compare auto insurance quotes from a variety of companies that offer lower payments through monthly billing cycles. allows visitors to compare rates and find a policy with a low down payment and the cheapest monthly payments for those with restricted budgets. Keep in mind, however, that the more premium paid up front, the cheaper it comes out to be, because billing fees are reduced. For example, if you decide to pay annually, you may avoid billing fees altogether, which can be in the area of $10 per month.

How does month to month auto insurance work?

Before we explain monthly car insurance plans, let’s dig into some background. Normal insurance coverage is locked in by a longer-term contract, usually 6 or 12 months. For a standard-length, normal insurance policy of this sort, you’ll typically make a regular monthly payment – i.e. your auto insurance premium. In some cases, insurance companies will charge you larger and less frequent car insurance payments, such as on a quarterly or biannual basis. This can actually work in your financial advantage. Even if it’s not required, paying for an entire year’s insurance coverage upfront may snag you a significant discount

Monthly car insurance plans, on the other hand, are all about flexibility. With a month to month auto insurance policy, you simply have to keep making your monthly payment to maintain your insurance coverage. For most people, breaking up a car insurance premium into small, bite-sized increments is much more financially manageable than making large, lump-sum payments once or twice per year.

How do you use monthly car insurance plans?

The basics of using your car insurance policy – whatever payment scheme you’re on – are always the same.

Step 1: Before you can use your insurance, you have to _get _car insurance coverage. That means shopping around for the best car insurance quotes, choosing an auto insurance policy that fits, and paying your insurance premium on time.

Step 2: The next step is getting into an accident. Let’s hope this never happens! But if it does, it’s time to make an insurance claim. This simply means filing a report with your insurer asking them to help pay for the damages. The kind of claim you make depends on what kind of damage was done and what your insurance policy covers. For example…

  • Liability coverage is for damage done to another driver’s car. (Repairing or replacing their car is your financial “liability.”) It also covers their medical costs after the accident; this is called bodily injury liability coverage.
  • Collision coverage, on the other hand, pays for damage done to your car in a collision. This could mean repairing the chassis, fixing scratched paint, or replacing major parts.
  • Comprehensive coverage is for damage your car sustains that’s not related to driving at all – e.g. fire, flood, vandalism, theft, etc.
  • Roadside assistance is just what it sounds like. If anything from a flat tire to a blown transmission leaves your vehicle debilitated, roadside assistance coverage will pay for emergency services to fix it.

Step 3: The final step to using your car insurance is paying your deductible. You can think of the deductible as your portion of the bill to pay before your auto insurance coverage kicks in. For policies with a low monthly premium, the deductible can be fairly high, and vice versa.

Low (cheapest) or no down payment for car insurance

Complete rate comparisons and choose the cheapest car insurance with a low down payment for the coverage desired. offers visitors the ability to compare quotes on policies through a variety of carriers with cheap down payments. For practically no down (only the 1st month), a policy can be purchased for instant proof of coverage.

Visitors are also welcome to visit the learning center for more tips on how to reduce the cost of coverage and to see how a policy can be started with only a low, one-month down. There may be no down payment required of a large amount, since fees are reduced to help keep protection affordable for those in need.

Where can I find cheap monthly car insurance is here to help you can find the lowest down payment auto insurance available, as well as cheap down payment auto insurance, auto insurance with no down payments (aka “no down payment insurance”), and more.