Online Vehicle Insurance – Vehicle Insurance Down Payment
Posted on Monday, Mar. 15th 2021 11:16 AM by Online Vehicle Insurance Quotes in Vehicle Insurance No Comments »
To an insurer (the insurance company), a client that will not/doesn’t want to pay a down payment is one that may only want to secure instant car insurance to avoid registration penalties or to satisfy a car dealership’s requirements. A client like this raises a red flag, as they may cost auto insurance companies more in the long run.
The down payments also help to cover the on-boarding costs associated with a new client. An insurer dedicates resources to running your full driving report — not free for car insurance companies — and to other first-time administrative processes that would not be covered by a zero-down payment car insurance policy.
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Posted on Monday, Mar. 15th 2021 11:16 AM | by Online Vehicle Insurance Quotes | in Vehicle Insurance | No Comments »