Monthly Car Insurance with Low or No Down Payment


payments due once per month Buy monthly auto insurance and pay only the 1st month down without having to pay for 6 months or more up front. Find a policy with no down or a low down payment and pay month to month to continue the coverage.

How much does auto insurance cost per month?

The price for coverage varies for each driver. Find out how much it costs for you by entering your ZIP code and hitting "Go" to get quotes:
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currently insured:yesno

Video about Monthly Auto Insurance

What is monthly insurance? - It's 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, one can compare auto insurance quotes from a variety of companies that offer lower payments through monthly billing cycles. OnlineAutoInsurance.com allows visitors to compare rates and find a policy with a low down payment and the cheapest monthly payments for those with of 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.


Watch this video and learn how about paying auto insurance on a monthly basis without having to come up with a big down payment. See why paying on a month to month basis is more affordable.

Low (cheapest) or no down payment for car insurance:

No large amount of money required!Complete rate comparisons and choose the cheapest car insurance with a low down payment for the coverage desired. OnlineAutoInsurance.com 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.

More answers to frequently asked auto insurance questions are available for information and educational purposes.

Questions about Paying Car Insurance Monthly

  • Can a Company Make Me Pay for Auto Insurance in Full?

    Document showing a paid balanceStates go to great lengths to make sure that motorists operating on the roadways are properly insured, and since many drivers don't have the resources to pay the cost of a premium in full, some states require auto insurance companies to offer installment plans, but not all...

  • What Is Auto Insurance Premium Financing?

    A pencil, calculator and toy carMotorists who finance premiums are spreading out the cost of car coverage over the term of the policy by getting a lender to pay the premium in one up-front payment and then paying back the lender over time. Consumers should keep in mind that...

  • My Premium Changed. Should I Contact My Auto Insurance Company?

    Orange phone and contact buttonIt's not unusual for policyholders to receive an auto insurance renewal bill that has a premium amount different from the last time they were charged. Many consumers get concerned when they owe a different amount, even if the cost is lower. Any billing questions or...

News Related to Auto Insurance Payments

  • Mass. and Maryland Premium Finance Companies Penalized

    December 28, 2011 - The Maryland Court of Appeals has ruled that eight of the state's largest premium finance companies charged illegally-high interest rates on loans to consumers buying vehicle coverage through a state-run insurance program. In a decision that could mean lower overall costs for residents who obtain Maryland car insurance through...

  • State Farm to Cut Wisconsin Auto Insurance Rates in 2012

    December 20, 2011 - Some State Farm customers in Wisconsin could be kicking the New Year off with savings on their auto insurance, with the company announcing it is trimming its overall rates there by an average of 2.6 percent. The overall reduction, which takes effect Jan. 16, is expected to save policyholders statewide $7.9 million a year. State...

  • No-Fault States Paying Hundreds of Millions Extra Due to Abuse

    December 6, 2011 - Motorists in Florida and New York are paying a combined $800 million more than they should be on premiums this year because of state no-fault auto insurance systems that are vulnerable to abuse, according to the Insurance Information Institute (III). Unscrupulous policyholders, lawyers and medical providers in both states are...

Articles on Payments and Up-Front Costs

  • Pennsylvania Auto Insurance Payment Options

    Mar 09, 2012 - Pennsylvania law requires vehicle owners to purchase and maintain auto insurance to legally drive. Before buying a policy, however, drivers should explore their options and...

  • Monthly Auto Insurance without a Down Payment

    Feb 20, 2012 - Vehicle coverage is necessary for many motorists, but purchasing an affordable policy may require some research. Making auto insurance installments can make it easier to pay for an expensive plan, and finding an insurer willing to...

  • Alternatives to No Down Payment Auto Insurance

    Jan 26, 2012 - Motorists often search for ways to cut coverage costs, and one commonly overlooked tactic involves adjusting how vehicle owner pay for policies. Buying auto insurance with little or...

Resources for Buying Monthly Insurance