Car insurance premiums are at the highest they’ve ever been. Helping people find the best deal has been our motivation
(PRWEB UK) 17 July 2012
http://www.carinsurancewithnodeposit.co.uk has now helped 1000 people to find car insurance that doesn't have a deposit. The blog was started to help people understand no deposit car insurance and help them find insurers that provide it. The increase in insurance premiums over the last 4 or 5 years has meant car ownership may be out of reach for some. Driving children to school, getting shopping and picking up elderly relatives are just a few reasons why people rely on their cars to live. Carinsurancewithnodeposit.co.uk has helped motorists find manageable monthly payments. By educating people on what no deposit car insurance is and how to get the best no deposit deal over 1000 people have purchased car insurance though our site.
What is no deposit car insurance?
Often insurers will ask for a portion of the insurance premium up front. This has changed as a result of insurers allowing motorists spread the costs of insurance with monthly payments. More and more motorists are choosing to pay monthly as it makes the premium manageable.
As with anything you pay for convenience. No deposit car insurance can bump up the cost of insurance. Companies that offer no deposit car insurance can charge an admin fee and an interest on insurance. They essentially loan you your premium. The interest rate charged will be included in the quotes. Make sure to check that before you purchase.
Helping 1000 motorists find no deposit car insurance deals
Users of the website have now purchased over 1000 insurance policies. A lot of insurers ask for a deposit of up to 20% if you opt for monthly payments. People affected by the downturn will feel this, so getting a more manageable upfront sum can mean keeping their car.