Insurers generally ask their new customers to pay the first month's premium as soon as the contract is taken out. By comparing offers with the help of an online tool, it is possible to find auto insurance without cash advance.
What is car insurance without a cash advance?
The auto insurance contract materializes the relationship between the insurer and the driver. Any owner of a land motor vehicle, whether or not in circulation, must be able to provide proof of this cover.
Each insurance is different and varies according to the needs and profile of the motorist. Most take into account the frequency and type of use of the vehicle, accidents caused or suffered, penalties in the event of non-compliance with the contract (non-payment of contributions).
Some drivers prefer car insurance without cash advance, that is to say without payment of the first installment. This saves them from having to pay the first month's contribution as soon as the contract is signed. To find this type of offer, it is recommended to play competition between insurers.
The guarantees of car insurance without cash advance
Taking out car insurance without a cash advance does not mean neglecting the guarantees included in the contract.
Insurance companies most often offer three types of formulas:
Third party insurance
Third-party car insurance guarantees are limited to civil liability, which aims to compensate victims of bodily injury caused by the insured vehicle, criminal defense and recourse following an accident (payment of costs related to criminal defense of the insured party in question).
This formula is sufficient to meet the legal insurance obligation defined by article 211-1 of the Insurance Code. It is interesting because its price is cheaper and can therefore be suitable for motorists with limited means.
Third-party plus auto insurance
Reinforced third-party car insurance includes more extensive guarantees than those of the third-party formula without achieving the complete coverage of all-risk insurance. This mainly concerns civil liability, defense and recourse cover, theft and fire cover.
This formula may be suitable for drivers looking for customizable car insurance at a moderate price or for those with a car of average value.
All-risk car insurance
All-risk car insurance is the most complete formula. In the event of a small collision with a motorist or a more serious accident, the damage is covered.
Drivers who take out all-risk insurance are entitled to compensation for most claims. In addition to civil liability, the contract covers: theft and attempted theft, glass breakage, damage related to bad weather or natural disasters, bodily injury suffered following an accident at fault. It is possible to subscribe to additional guarantees such as reimbursement of the vehicle at its purchase value.
If you have a new or recent vehicle, it is in your best interest to take out this coverage. This type of contract can also be useful if you drive a lot.
Thus, the choice of the extent of the guarantees offered by your future car insurance contract without cash advance depends essentially on your needs and your budget.
How much does car insurance cost without down payment?
The price of auto insurance without cash advance varies according to several criteria:
The driver profile
The insurer will focus on your age, your family situation, the date you obtained your driver's license and your status as main or secondary driver. Novice drivers, ie those with no driving experience, may be subject to a surcharge or rate increase.
Insurance history
Your driving history will be taken into account in the car insurance simulation. In addition to the date on which you obtained your driving licence, the insurer will want to know the number of years without responsible claims, the claims that have occurred and your bonus-malus.
As a reminder, the bonus-malus coefficient is a reward and sanction system for driving behavior. In the absence of a responsible claim during the year, the insured obtains a bonus and his coefficient drops by 5% the following year. In the presence of one or more responsible accidents, a penalty applies and leads to a 25% increase in the coefficient.
The vehicle
Model, brand, type of bodywork, power… The criteria related to the vehicle are important, as are the traffic area or the place of parking. For example, insuring a vehicle parked on the street increases the likelihood that it will be stolen or vandalized and therefore the price of auto insurance.
Guarantees
The extent of the guarantees chosen obviously influences the price of car insurance without cash advance. The more comprehensive the coverage, the higher the premium amount. As such, all-risk insurance will necessarily cost more than third-party car insurance.
Franchise
The deductible corresponds to the amount that remains payable by the insured after compensation for a claim by the insurance company. By opting for car insurance without deductible, you will have nothing to pay but your annual premiums will be more expensive.
To find out the price of car insurance without a first payment, don't hesitate to do a free, non-binding online simulation.
Compare to find the best car insurance without first deposit
To find car insurance without cash advance and meeting your needs, it is recommended to compete by using an insurance comparator or through a broker. The broker, thanks to its network of partners, is able to negotiate rates with insurers and can advise you throughout the subscription.
Whatever the solution chosen, it is important to make several requests for quotes online to compare the subscription conditions offered by the insurers.
