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General => Insurance => Topic started by: hyland770 on 12 May 2009, 15:10

Title: im 21 need insurance with no deposit
Post by: hyland770 on 12 May 2009, 15:10

as above i need cheap insurance without having to pay a deposit what are the best sites i looked through many and seem to be at about £950 although managed to get this down to £900 but still £90 pm is a bit steep.  any ideas?

Title: Re: im 21 need insurance with no deposit
Post by: Shady Pioneer on 16 May 2009, 09:34

Try being 20, a student and £100 a month, don't moan as people have it worse  :grin: :grin: :grin:


I don't know of anywhere there doesn't do no deposits but cheapest prices I have found are through Elephant / Bell / Admiral :)

Title: Re: im 21 need insurance with no deposit
Post by: Adam on 16 May 2009, 12:27

Quote from: Shady Pioneer on 16 May 2009, 09:34

Elephant / Bell / Admiral :)

Don't require a large deposit

Title: Re: im 21 need insurance with no deposit
Post by: d4w50n on 16 May 2009, 21:12

£90 a month is good for your age mate, my first insurance was £150 or so a month with a £360 deposit (then again it was on a 135bhp Mondeo...)

Title: Re: im 21 need insurance with no deposit
Post by: Mikester on 16 May 2009, 21:19

i pay £158 a month.

Title: Re: im 21 need insurance with no deposit
Post by: JC on 16 May 2009, 22:49

 :lipsrsealed:

Title: Re: im 21 need insurance with no deposit
Post by: Adam on 17 May 2009, 01:11

Quote from: chuff on 16 May 2009, 22:49

:lipsrsealed:

And keep it shut!

Title: Re: im 21 need insurance with no deposit
Post by: Ben Lessani on 17 May 2009, 01:30

Most I paid was £500 PA when I was 20 on the Golf with Bell. My pug set me back £600 per year from 17 > 20 with CIS.

Title: Re: im 21 need insurance with no deposit
Post by: JC on 17 May 2009, 02:05

Quote from: GTiAdam on 17 May 2009, 01:11

Quote from: chuff on 16 May 2009, 22:49

:lipsrsealed:

And keep it shut!

i was going to





but





not now

i can insure all 3 of my cars for the year for less than mikey pays in 6 months  :grin: :laugh:

Title: Re: im 21 need insurance with no deposit
Post by: Mikester on 17 May 2009, 13:03

Self inflicted mate, i have had crashes which lost me my ncb etc etc.

But hey o, learn from our mistakes. Plus HIC raped me on interest for paymonthly. Went from like 1300 to 1600ish!

But renewal in september should be sweet, with my 1st years ncb, and 3 years of driving, 21 years old and all that rubbish. lol

Title: Re: im 21 need insurance with no deposit
Post by: sharpie on 17 May 2009, 16:43

insurance is ghey when you're young cos you end up paying through the arse and you cannae claim as a result of stupid excesses and losing your ncb. no win situation.

Title: Re: im 21 need insurance with no deposit
Post by: chrisford_vw on 17 May 2009, 21:48

£120 a month on a 1.2 corsa B That hurt :cry:

Title: Re: im 21 need insurance with no deposit
Post by: antogoof on 19 May 2009, 21:33

£266 a year!

Title: Re: im 21 need insurance with no deposit
Post by: pirate1378 on 27 May 2009, 21:03

an insurance company will always want a deposit, this is for security to make sure you can afford
your monthly payments and that you don't just get your certificate of motor insurance to tax your car etc etc, and then default on your payments i work as an insurance advisor so this is why

Title: Re: im 21 need insurance with no deposit
Post by: sambo on 19 June 2009, 14:32

Cheaper to get a credit card an pay the lump sum to them, then you get a bit of flexibility through the year on how you want to pay it off. That said you need a decent credit card without 29.9% rates and be able to trust yourself with doing it! Works for me though on a 12.9% apr card. Also get 1 month interest free too  :smiley:


Sam