Car insurance that doesn't require a deposit.

anniehoo

Car insurance renewal due end of the month and my current provider (123.ie) are asking for a deposit, which is normal i know but shortening the repayments to 8 instead of 10. I could do without having to fork out €150 deposit at the end of the month and just pay in 10-12mth installments.I've been with them 3 years and while their renewal quote has increased, is still decent compared to Aon.

Does anyone know (before i trawl through all the sites) which insurers do this. My cars worth feck all, so it'll be TPF&T, with lowish excess (although i wont claim for fire/theft of mine) and breakdown cover included. Have 6 years NCB if that's any use.

BohsCeltic

anniehoo wrote: »

Car insurance renewal due end of the month and my current provider (123.ie) are asking for a deposit, which is normal i know but shortening the repayments to 8 instead of 10. I could do without having to fork out €150 deposit at the end of the month and just pay in 10-12mth installments.I've been with them 3 years and while their renewal quote has increased, is still decent compared to Aon.

Does anyone know (before i trawl through all the sites) which insurers do this. My cars worth feck all, so it'll be TPF&T, with lowish excess (although i wont claim for fire/theft of mine) and breakdown cover included. Have 6 years NCB if that's any use.

I think most charge a deposit, i recently switched from 123 to no nonsense as my renewal went up aswell(€200) despite no claims

Shop around

anniehoo

BohsCeltic wrote: »

Shop around

I'm trying to avoid this bit by cheating here A friend of mine who banks with AIB got deposit free car insurance over the full 12mths, so i know it can be done. I don't bank with them though so just wondering if anyone else is doing it.

Mine has gone up €90 which they said was due to the (male v female) clause being changed, which is fair enough. The €90 increase while not massive, its the cutting the installments down to 8 instead of 10 and the huge deposit (for me) which im trying to soften if i can.

blindside88

Most companies will charge a deposit (especially if its your first year with them), more and more people are cancelling their insurance when they have a disc for the window, by not charging a deposit the companies make it easier for them

anniehoo

AIB 12 month payment

They can't be the ONLY ones doing it.

Eric Cartman

it says its underwritten by axa , so give them a go perhaps...

ANXIOUS

Think aviva only charge €50, or did so last year.

christy02

ANXIOUS wrote: »

Think aviva only charge €50, or did so last year.

Fairly sure Tesco don't. Didn't charge this year anyway. Not 100% sure 1st year but don't think so.

christy02

ANXIOUS wrote: »

Think aviva only charge €50, or did so last year.

Fairly sure Tesco don't. Didn't charge this year anyway. Not 100% sure 1st year but don't think so.

anniehoo

Eric Cartman wrote: »

it says its underwritten by axa , so give them a go perhaps...

€160 MORE than 123.

Ahhh this is gonna be fun!!!!

Scartbeg

Tesco didn't charge me up front the last 2 years.

Just changed to 123 and felt stung when I had to pay a large chunk up-front.


(I changed because Tesco upped my premium by 35% and wouldn't match 123's quote, even though they are both underwritten by RSA. I ended up paying 10% less with 123. Seems to be the norm, you need to keep changing to get the 'introductory ' rates.)

DylanII

Why cant you use the AIB one? Im pretty sure you dont have to be a customer with them to get it?

bazz26

Is it viable to take out a small credit union loan in order to pay the premium up front? The credit union interest rate might be lower than what the insurance company factor into their monthly repayments.