Almost every driver needs insurance coverage if they operate a motorized vehicle because, in nearly every state, it’s the law. However, not every motorist has a credit card to purchase an auto insurance policy. The good news is almost every major insurer accepts checks. So how do you secure auto insurance coverage with cash or a checking account?

Buying Auto Insurance Without a Credit Card

Most providers accept standard paper, online, and cashier’s checks. If you start your auto insurance coverage by paying with a check, it will take a few days longer to activate your policy than if you paid online using your credit card. This is because your bill will likely take several days to get to the company, and then there will be a hold while the payment processes. 

The good news is many companies now accept online checks. If you pay with an online review, things will go faster since you don’t need to mail it in.  

You Can Make Your Payment Easily Online 

Like many industries, auto insurance is going online fast these days. Most people now pay for their policies online, which usually takes less than a minute. Let’s go over some strategies to get covered with very cheap car insurance with no money down policy using cash or your checking account.  

More and more people are turning to the internet for quotes and even Buying Auto Insurance Without a Credit Card on their smartphones. While this has made shopping or auto insurance faster and easier, not everyone has an easy time getting covered. People don’t want to drive to an agency and sit around waiting to get a quote from an agent that might not have the lowest rate. 

Many People Do Not Have Credit Cards 

Not everyone shopping for new car insurance has a credit card or a checking account, but they need to buy a policy. There are many people in this situation. Thankfully some insurers meet the needs of this group of consumers that want to buy a policy online like everyone else.  

The truth is that people who don’t have a charge card will be restricted in their buying choices. Many large insurers like Progressive or Esurance are set up to take credit card payments and automatically charge for monthly installments. 

Taking cash is a cumbersome task that most companies are not set up to handle. In today’s society, most financial transactions are done by credit or debit card. Many consumers who need to cover their vehicles do not have bank accounts or credit cards, making it difficult to insure them. For this group of motorists getting very cheap auto insurance with a low down payment can be difficult.  

However, there are some payment options that you can use.  

  • Money Order
  • Prepaid Money Card
  • Mail a Cash Payment (if accepted) 
  • Use a Cash Payment App (if Accepted)

Consider Money Orders   

Money orders are safe and secure, with many carriers allowing them, including the nation’s largest. This includes familiar names like Progressive Insurance and Liberty Mutual Insurance. This might be the best route to use if you do not have a bank account.   

There are numerous places you can go to get a money order, like a local 7-11 store. In addition, the post office offers them. You can find money orders at:

  • Wal-Mart – $0.88
  • United States Postal Service – $1.25 to $1.75
  • Western Union $1.25 to $1.50 

As you can see, Walmart charges the least, and most people have a store within a few miles of their house.   

You can send out a money order online and in person. If you make a policy payment at a local insurance agency, you should have the money order already paid and ready to submit to the agency representative.  

Purchase a Pre-paid Card

Most pharmacies and retailers like Best Buy carry a wide choice of gift cards you can buy with cash. While a gift card from Macy’s undoubtedly won’t assist you in getting your vehicle covered, you can get prepaid Visas or MasterCard by simply putting cash in them. Once your Prepaid debit card is activated, you can make the down payment on your auto insurance policy. 

You can get a prepaid Visa or Mastercard from most stores that sell gift cards, like your local pharmacy. The process is fairly straightforward, and you’re not required to get a credit check or a bank account to get a prepaid card. Just add cash to the card, and you are set. You can typically re-load the prepaid card at numerous places. 

Compare free auto insurance quotes online now with Amigo Insurance. Try to pay for the whole policy if you can afford it because almost all insurers won’t let you use a prepaid card to make automatic payments using your prepaid debit card. If you can’t pay the entire policy amount, make future payments with a money order or other approved methods. To get started, enter your zip code.  

Mail-in Money Payments

If none of the above choices are suitable for your preference, you might consider mailing cash to your insurance company. This isn’t an ideal way of paying your bill, and most insurers advise against consumers from mailing in cash payments due to the risky nature of this type of deal. First, contact your insurer before sending them cash and make sure they will accept that payment form. Many providers won’t get it.

  • The Three Insurance Companies That Accept Cash Payments 
  • Nationwide Insurance
  • MetLife Personal Lines Group
  • Mercury General 

There’s also a payment option many people don’t think of, PayPal. There are a few insurance companies that accept PayPal: 

  • Met Life
  • Mercury Insurance
  • Progressive Insurance  

When paying in cash, be sure to obtain a receipt. Make the payment before the due date, and after that, call the insurance provider’s primary customer service number to ensure payment was processed. It never hurts to ask if you have any concerns about any payment questions you might have. 

Now that you know how to start your auto insurance coverage with a check or cash, it’s time to compare quotes. Enter your zip code now and compare up to 10 sections in about five minutes. Get the best coverage at the lowest available rates with Amigo Insurance Company.