Reasons Drivers Take Out Car Insurance For A Short Period Of Time
Posted by forexauthor - 28/07/10 at 09:07 pmMany auto insurance policies are sold for one year in duration. Although this is fine for a lot of drivers, several more require temp cover for different vehicles they may need to be insured on from time to time.
Temp insurance in most parts of the world is defined as a short term vehicle insurance policy lasting from 24 hours to twenty eight days. However, flexible short term insurance cover is now available for between 1 to 8 months.
In addition there are even options dubbed “pay as you go”. This gives the option of not having to pay for insurance when it will not be required.
There are many situations where drivers may take out one day temporary cover . One is making sure you are adequately insured when using a friends car. Securing an extra policy for this could protect a no claims bonus built up if no claim has been made for several years. This could therefore be an attractive option for careful drivers who have not made a claim for years.
Another reason temp insurance is taken out is to provide protection for an additional driver so driving can be shared on a longer journey.
Protecting a visitor from abroad is another reason why taking out short term insurance may be necessary. As is requiring insurance for 24 hours when buying a new automobile and needing to drive it home. Taking a test drive and needing insurance for a day 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 helpful, when you are borrowing a van for a range of reasons.
For bikers that are planning a summer road trip, temporary car insurance could be convenient. This could be beneficial if they will only be using the bike while they are away.
