+11 Car Insurance Without Initial Payment 2022. If you opt for no down. Technically, there is no such thing as ‘no deposit’ car insurance.
However, that down payment is not a separate insurance cost. The only time you have to pay a down payment is when you choose monthly installments instead of yearly. There are many ways to pay the initial amount to the car insurance company, such as via your bank account, credit or debit cards, or a check.