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Thread: Takking out new Insurance policy

  
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    GazSi's Avatar
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    Takking out new Insurance policy

    i've got the quotes and that but does every company require a deposit

    its quite dear for me as am 20 and they want £230 upwards or a deposit, is there anyway i can pay for just a months insurance and start that way as icarn't afford that atm can afford the monthly payment tho, cheers

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    Quote Originally Posted by GazSi View Post
    i've got the quotes and that but does every company require a deposit

    its quite dear for me as am 20 and they want £230 upwards or a deposit, is there anyway i can pay for just a months insurance and start that way as icarn't afford that atm can afford the monthly payment tho, cheers

    the reason they ask for a deposit is to cover the short period rates from the insurance company incase you cancel or default. you need to pay it as none would do it without. when it is due for renewal they will probably do it with no payment.

    did you not allow money for the insurance when buying the car?
    Astra VXR - Arden Blue, Diamond cut 19's, Cruise Control, Debaged, Folding Mirrors, CD70 NAVI and CID + Aux-In, Factory Bluetooth, Piano Black Interior Trim, Full Milltek Unresonated Exhaust

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