Insurance deposit question
Just wondering if anybody knows the answer to this question, googled it but couldnt find anything
my insurance is due in march, I cant afford to pay the premium in one and my credit limit on my credit card would need to be massive to pay in one lol!
I know generally insurance deposits are 20% of the premium, my question is can you pay any amount you want??
If you can does it vary between different companies?
Ideally I would like to pay £1000 deposit or more to reduce the monthly cost... Dont wanna be paying around 230 a month :(