The Forum is currently experiencing technical issues which the team are working to resolve. Thank you for your patience.

Car insurance renewal - deposit?

Hi
If i renew my car insurance with the same insurer, will i have to pay a deposit if i want to pay monthly?
:j Baby boy Number 2, arrived 12th April 2009!:j

Comments

  • marcellep
    marcellep Posts: 1,695 Forumite
    Hi
    If i renew my car insurance with the same insurer, will i have to pay a deposit if i want to pay monthly?


    If you have been paying by monthly installments then you will not have to pay any deposit, However if you previously payed in full then you will need to pay a deposit.
    If I have been helpful - Hit the Thanks button
  • Astaroth
    Astaroth Posts: 5,444 Forumite
    It will vary between insurers but the above is probably the most common
    All posts made are simply my own opinions and are neither professional advice nor the opinions of my employers
    No Advertising or Links in Signatures by Site Rules - MSE Forum Team 2
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 242.9K Work, Benefits & Business
  • 619.8K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.