Auto Insurance Term

If you’re shopping around for car insurance there are dozens of companies willing to offer you policies for 12 months or more. However, what if you only need a policy for a month, a week, or even just a few days?

There are many circumstances in which short-term car insurance may be a better solution than a long term policy. For example, what if you are hiring a car or borrowing a friend’s vehicle? How about if you are allowing a temporary driver such as an overseas visitor to use your motor vehicle? What if you are lending a car to a friend or relative or you have just bought a new car and need to be insured as soon as you drive it away from the dealership?

Thankfully several car insurance providers now offer short-term car insurance. The theory behind it is simple. If you need to add a friend or relative to your policy for a temporary period, there is no risk to your own no-claims bonus. Or you could set up a policy even if you just need to drive someone else’s car for as little as one day.

With a short-term policy there is less risk for the regular policyholder, instant cover is available and the procedure is generally a lot quicker than adding a named driver to a policy.

So what should you look out for when buying a short-term car insurance policy?

Well, most policies are available for 1-28 days, but you should check the length of the term available. Also make sure you can take out another policy at the end of the period should it be necessary.

If you want cheap short-term car insurance than it’s vital to have a good driving record – avoid accidents and convictions, and if you are hiring a car pick something conventional with a small engine.

By: Alex Gregory