Jul 28 2010
How Temporary Car Insurance Can Be Better Value Than Annnual Cover
Many car insurance policies are still sold for twelve months. As this is quite a long period of time and drivers needs may change during the year, short term vehicle insurance is now available on a separate policy providing as little as insurance for 24 hours.
Short term automobile insurance is usually referred to as policies ranging from 1 to 28 days. However, there are now a number of specialist insurance companies who offer flexible insurance for between one to six months.
There are even now extremely flexible policies available for longer than one month. This provides the option of not having to pay for insurance when it won’t be needed.
There are numerous scenarios where 1 day insurance may be required. One is making sure you are insured when using a friends car. Taking out an extra policy for this could protect any no claims bonus acquired. This could therefore be a cost effective option for more experienced drivers.
Another reason temp insurance is taken out is to provide protection for a driver sharing the driving on a longer journey.
Insuring an overseas guest is a scenario where taking out short term insurance may be necessary. As is needing cover when buying a new vehicle either privately or from a dealer and needing to drive it home. Taking a test drive and requiring cover for 24 hours can be another eventuality.
Many of us who drive a van, won’t actually own it. This can be where 1 day car insurance is necessary, when you are borrowing a van for a range of reasons.
For riders that are planning a summer road trip, temporary car insurance could be a solution. This could be very beneficial if they will only be using the bike while they are away.