Trying your hardest to get a low deposit car insurance deal can make good financial sense – but beware the pitfalls.
Paying monthly
According to research by Confused.com conducted in spring of 2023, insurers charge 16 per cent more on average when you choose to pay monthly. This means for a policy costing £776 per year, you’d pay an extra £124.
Comparethemarket made a similar finding around the same time, seeing drivers pay 10 per cent more for paying monthly.
The…
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