Numerous car insurance policies are still sold on an annual basis. However to meet the flexible driving needs of today’s drivers, short term auto insurance is available for much shorter periods.
Temporary car 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.
To add to this, rolling pay as you go monthly insurance is now available to drivers. This gives the benefit of not having to pay for insurance when it will not be required.
There are many scenarios where insurance for 1 day only may be required. One is making sure you are insured when using a friends motor. 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 economical option for careful drivers.
Temp insurance also allows insurance to be provided for additional drivers who may be needed to share the driving on longer trips.
Insuring a visitor from overseas is an important reason for taking out this type of insurance. As is requiring automobile insurance when buying a new vehicle and needing to drive it home before securing a longer term policy. Taking a car test drive and requiring cover for a day or weekend can be another reason.
Many drivers of vans will either be hiring or borrowing the vehicle. This can be where 2 week car insurance is helpful, when you are using a van for a range of scenarios.
For bikers that are planning a summer road trip, temp cover could be useful. This may prove economical if they will only be riding while they are away and usually drive their car when at home.