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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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

  • What Happens If I Miss An Ohio Auto Insurance Payment?

    Ohio state flagIf a resident doesn't pay their auto insurance premium there is a chance that their policy may be canceled and the driver would experience a lapse in coverage. Residents of the Buckeye State who have their policy canceled because of nonpayment may also have difficulty finding an...

  • How Does Car Insurance Fraud Impact Rates?

    Shredded paper that reads FRAUDAutomobile coverage fraud has become a major problem in many states across the nation, and can lead to higher premiums for nearly every insured driver. The National Insurance Crime Bureau estimates that roughly 10% of all claims that are paid out by policy providers are...

  • Do I Pay My Insurance Premium if My Car is Totaled?

    Totaled black exotic carWhether a vehicle owner will need to continue paying for automobile coverage after their automobile has been declared a total loss is dependent on a number of factors. Such factors include the type of payment plan the insured is currently on, the length of the settlement process, the state in which the owner resides and...

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

  • 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...

  • New Mexico Auto Insurance Payment Methods

    Jan 06, 2012 - In New Mexico, motorists are expected to maintain a minimum amount of liability insurance while behind-the-wheel. Although driving while uninsured is not an option for many residents, motorists still have the ability to...

  • Reduce Washington Auto Insurance Payments

    Dec 16, 2011 - Washington motorists have the option of meeting the state's minimum liability requirements with a certificate of deposit or liability bond, but purchasing automobile coverage can be a cost effective way to...

Resources for Buying Monthly Insurance