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How Short Term Car Insurance Can Be Better Value Than An Annnual Policy
By Billy | July 27, 2010
Several auto insurance policies are still sold for 12 months. However to cater for differing needs amongst drivers, short term auto insurance is now available, providing cover for six months, 28 days or even 24 hours.
Temp automobile insurance is often referred to as policies ranging from 1 to 28 days. However, flexible short term insurance cover is now available for between 1 to 8 months.
Flexible policies for one month or more are even available for drivers on a pay as you go basis. This gives the option of not having to pay for insurance when it will not be required.
There are several scenarios where insurance for 1 day only may be required. One of the most common is making sure you are protected when borrowing a friends or colleagues vehicle. Although you may be able to drive another vehicle on your annual policy, taking out an additional 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 an additional driver so driving can be shared on a longer journey.
Insuring an overseas visitor while they are here to drive is another popular reason. As is requiring short term car insurance when buying a new vehicle and needing to take it home. Taking a test drive and needing cover for a day can be another eventuality.
Not many van drivers actually own the vehicle themselves. This is where temp 1 day car insurance can be helpful, if you are using a van for a range of scenarios.
For bikers that are planning a summer road trip, cheap temp cover could be very useful. This could be very beneficial if they will only be using the motorbike while they are away.
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