« Short Term Insurance For Cars - Reasons It May Prove Efficient | Main | Interstate Moving »
Why Temporary Car Insurance Cover Is Becoming More Popular
By Billy | July 27, 2010
Many car insurance policies are still sold for one year. As during a 12 month period the needs of drivers may change, short term insurance can now be secured potentially providing a better value and more flexible solution.
Temporary car insurance is usually 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.
To add to this, the popularity of pay as you go cover is available. This provides the option to switch insurance on and off for periods when they know it will not be required.
There are several situations where drivers may take out one day temporary cover . One of the most popular is making sure you are insured when borrowing a friends automobile. 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 Discount built up. This could therefore be an economical option for careful drivers.
Another reason temporary automobile insurance is taken out is to provide insurance for an additional driver so driving can be shared on a longer trip.
Insuring an overseas guest while they are over here is a common reason. As is being covered for 24 hours when needing to drive a new vehicle home from a dealership. Taking a test drive and needingcoverfor a weekend can be another reason.
Not many van drivers actually own the vehicle themselves. This is where temp 1 day car insurance can be appropriate, if you are borrowing a van for a range of reasons.
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 bike while they are away.
Topics: Real Estate Investing |
Comments are closed.