Marissa Hayes is a technical editor and contributing writer. She holds a Bachelor’s Degree in history, and she was the editor of the literary magazine, The Bluestone Review.

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Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years. He is licensed as an agent to write property and casualty insurance, including home, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like

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Reviewed by Daniel Walker
Licensed Car Insurance Agent Daniel Walker

UPDATED: Jul 19, 2021

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It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn’t influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

What Car Insurance Companies Offer Auto Insurance with No Down payment?

Many auto insurance companies will offer a no down payment insurance option, given you qualify. If you have prior speeding tickets, you may be considered a high risk driver and require insurance for bad drivers so your “No down payment” options may be a little more limited. How much does insurance go up after a speeding ticket?Speak to your broker or local agent who has access to a pool of insurance providers and can better answer your question. Some companies you may be familiar with are State Farm Insurance Company, Progressive, Nationwide, and Farmers to name a few.
One thing to keep in mind though if you are considering switching companies is to understand what can possibly affect your rate. One of the main factors in the price of your rate is the length of time with a provider. Talk to your agent and understand all your options first. Low deposit car insurance companies take on most credit and risk grades but depending on your situation it could effect the amount you actually have to put down upfront on your policy.

The best way to get car insurance that is right for you is to get a quote. An Agent will match you with the best company.

The above data is subject to change and you should check with each provider first.

How To Get No Money Down Car Insurance

Automobile owners looking to get cheap auto insurance or a low down payment car insurance policy can do several things:

  • Talk to your employer: some companies offer bulk discount rates from specific insurance companies. Checking with your company’s human resources department is a great way to determine if you have any discount rates on insurance for employees.
  • Compare companies: shopping around and getting a quote is always a good idea when buying anything, and auto insurance is no different. Search on the web and talk to other drivers to find out where they have gone to get no down payment auto insurance coverage.
  • Auto pay: Drivers that agree to make use of automatic monthly payments may be eligible for a reduced down payment and other discounts. It is possible to have funds automatically deducted from a bank account with these payment options.
  • Remember that even though paying monthly might be convenient, paying an entire annual premium at once might help save money. Drivers should think about which payment option works best based on their financial picture.
  • If you are you are looking for the lowest down payment when buying a new car and new to auto insurance then you will want to consider other things such as the type of coverage you will be required to purchase.

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Our goal is to match you with the best car insurance provider. Call whether you are looking for a better rate or need a new policy.

Most car insurance companies allow you to customize your payments

  • The ability to choose your payment date
  • Plan a schedule
  • Decide how you want to pay
  • How much you want to pay. How much you put down for a down payment will effect your locked in monthly payment and rate.

Ask Car Insurance Companies about Their Driver Discounts

Most of the top insurance providers have a driver discount program. But you need to ask in most cases. To learn more Insurantly offers a page packed with all types of driver discounts.

Planning your monthly budget before you speak with an agent about your down payment options

Before you speak with a car insurance company that offers no down payment options make sure you know what your budget is. Buying low down payment auto insurance seems attractive because it’s less money up front. However it could effect your rate. As with any auto policy there are factors that affect your rate. This includes your choice to buy an auto insurance policy with no money down.

Make sure you get sufficient coverage. Sometimes the minimum is not enough. Unless you have an older automobile or have very little assets consider getting more coverage. The cost of additional coverage is worth the price to protect yourself. To learn more about what the best liability coverage may be see our liability page and check your state minimum requirements.