Posts Tagged ‘Short Term Car Insurance’

Short Term Car Insurance Policy

December 25th, 2009



If you are interested in a short term car insurance policy or cover you are either going to be renting a car or borrowing one from someone. I explain the different scenarios and why you may not need car insurance for each one…

Renting a car: You are likely to be offered liability coverage, a loss damage waiver, personal effects coverage, and/or personal accident insurance. If you have already have car and health insurance you probably don’t need any of the rental car company’s insurance policies. Furthermore, if you use a credit card to pay for the rental car, the credit card company may pay for the cost to insure the rental car. To be on the safe side it is in your best interest to call your car insurance and/or your credit card company to make sure that you are covered. Because a rental car company’s insurance fees are expensive, it is worth your time making sure that you don’t need any of their inflated coverage.

Borrowing a car: If you own a car and have the respective car insurance you needn’t worry as the coverage on your car transfers over to the owner’s vehicle. If, however, you don’t own a car you’re going to need a nonowners policy to protect yourself against liability claims if you are found guilty an accident. If you damage that person’s car and only have a nonowners policy you better hope that that person has collision and/or comprehensive coverage to help pay for the costs to repair his or her car.

By: Nickolay Lamm

Short Term Car Insurance For Holiday Travel

December 24th, 2009



If you will be borrowing or renting a vehicle to take a holiday by car, you can probably expect to pay outrageous insurance fees. Motorists in need of vehicle insurance for these situations now have a new option available online. Through this online alternative, you are able to purchase short term auto insurance for a period of time, from one day up to twenty eight days.

This temporary insurance is available for cars or vans through a variety of online companies. A keyword search using terms such as: day insurance, temporary car insurance, or short term car insurance, or simply typing in the company website address, will allow you to find their websites. The insurance can be prepared and paid for online, with the opportunity to print the policy right on your home printer.

While covered under this temporary insurance, a claim will not affect the annual policy of the vehicle owner, as this is a completely individual policy.

Coverage in the event that you should break down is also included with your short term auto insurance known as an uninsured loss recovery policy. Whether using this in the UK or in Europe, this benefit is especially advantageous.

You can extend your temporary coverage to include other borrowed automobiles, and be covered for travel to France or other locations in Europe.

If your own vehicle does not afford enough room for your holiday travel, this auto insurance option will come in quite handy. It is perfectly acceptable to add a trailer or caravan if need be. Be sure to investigate your insurance options thoroughly, for although these types of insurance are basically fully comprehensive, if your plans include driving abroad, the comprehensive coverage needs to be verified.

Most of these insurers will allow coverage if you have held a UK or European drivers license for at least twelve months, without claims of your fault for three years, and less than six points against your license. Each company is different, however, and the automobiles that they will insure, and their criteria for coverage will vary.

When your holiday plans include borrowing or renting a car, you can find comfort in the fact that the fully comprehensive coverage of your short term auto insurance, will protect your annual insurance no claims discount if you should happen to have a claim.

By: I T Jenkinson

What is Short Term Car Insurance?

December 23rd, 2009



There are times when you simply don’t need a six month insurance policy, but you need some sort of short term car insurance. Luckily, there are companies out there that do provide such a service. This is great for people who only use cars every once in a while. Not only will it cover the cost of the repair of the car if something were to happen, but it also prevents the driver from receiving a heavy fine for driving uninsured. It is, after all, illegal to drive without car insurance, and for good reason. Things happen, people want their cars fixed, and the last thing you want is to go to court because of a simple mistake.

Short term car insurance can last anywhere from a day to six months, depending on how long you’re going to require it. This is much more economical than paying for a full six months of insurance on a car that you’re only going to use for a week. Depending on the company providing the service and the policy they issue, the premium may be collected monthly or in advance. Coverage can begin immediately upon receiving the policy, or on an established, agreed upon date, depending on exactly what the needs of the driver are. Just like a normal, long term, full coverage auto insurance policy, short term car insurance includes uninsured and under-insured motorist protection, physical damage, and of course the obligatory liability insurance that is required by law. Some policies even cover medical payments for passengers. Auto insurance companies generally charge a flat rate for short term car insurance, and this rate is often less expensive than normal car insurance. Extras such as roadside assistance may also be available, depending on the company and policy. There are no contracts, and the only thing needed to cancel the policy is generally a written request.

By: Luke Duncan