James King

When as a car owner you are looking at car insurance there are two main choices that you have in this regard. In most cases, you would see that the insurer is asking for down payment from them right at the time they go to buy the policy. However, there is another option in this case as well – that of car insurance with no down payment. This would be the best possible option for you if you are on a tight leash as far as the budget is concerned. In such cases, you would see that such policies are more to your liking than anything else. They suit your needs and requirements the best.

If you go for a car insurance plan where you do not make any down payment at the time of buying the same you are basically settling for premiums. You have to pay this amount for all the months that you are insured by your cheap full coverage auto insurance with no down payment policy. If you have bought a policy for a year you would have to pay for an entire year as such. However, you also need to keep in mind that you are paying more over the life of the policy compared to what you have paid if you had bought it straightaway or even if you had made a down payment on the same.

You also need to know that in these cases the insurers normally levy an additional surcharge as well. You should also know in this context that if you own an expensive car you would find it incredibly hard, if not downright impossible, to get these policies as such. In that case, you may have to look for reasonable auto insurance no down payment policies that specialize in such cars in the first place. Normally, it has been seen that people who own older cars find it easier to get access to such policies.

Now you may be wondering where you can get such policies. There are 7 states in the USA (United States of America) where you would find these policies rather easily. They may be mentioned as below:

• Washington
• California
• Arizona
• Oklahoma
• New York
• Georgia
• Florida

California happens to be the undisputed leader among these as far as no down payment car insurance companies are concerned. It has the maximum amount of companies that offer such policies.