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Basics of Temporary Auto Insurance

Updated September 10, 2021

It’s a legal requirement for everyone who drives a car to have sufficient auto insurance in place- a minimum third party insurance policy is needed to cover damages that you may cause to others in an accident that was your fault.

In most cases, the normal or standard policies bind you into a 12-month contract and may charge you interests on the premium if you decide to pay monthly- and will demand full payment in case you terminate your policy early.

With this in mind, what is the solution you require if you are to drive for a short period .i.e.

if you borrow your friend’s car to go on vacation, borrow a pick-up from your close relative for relocation purposes, or want to lend your car to someone? In such cases, the 12 month insurance policy is complete overkill and far too expensive even to consider.

This is where temporary auto insurance comes into play.

Also known as a short-term insurance policy, temporary auto insurance covers users driving a specific vehicle for a number of days-usually between one and thirty.

Just like a standard cover, temporary auto insurance offers all that the standard policy has to provide, but only for a short duration.

Similar to normal coverage, the short-term insurance covers you from theft, burglary, natural event, accidents and third-party destruction.

According to the Mirror, one of the conspicuous benefits of having this cover is that users are only charged for the period that they are actually driving, and not any longer, so the costs are somehow minimized.

In fact, many occasional drivers attest that the cover usually turns out to be a less costly option than having yourself added as a named driver onto an existing auto insurance covering the vehicle.

And in any case, vehicle owners may not want to tarnish their or risk a no claim discount that has taken years to build up by adding a driver to their vehicles.

Even though the temporary auto insurance is not such a big deal such as the standard auto insurance, it’s prudent to compare the existing auto insurance firms, their costs and what they’ve to offer.

Although you might be using the policy only for a limited period, you can still save immensely by choosing the right provider.

And the good thing about the insurance companies is that most of them have online insurance calculators that you can accurately determine how much you need to pay for a given period.

Alternatively, you can just request online quotes from different providers for cost comparisons.

However, as easy as it may seem, there’re various requirements that users need to fulfill before they are offered the temporary auto insurance.

For instance, most of the providers often shy away from applicant below 25 years.

Another requirement that most of the providers look for is your driving experience; for you to get the policy, you must have a clean record, or you won’t be getting that policy.

Also, if you’re first time driver, you might find it challenging to look for a provider.

Just be sure to conduct a thorough investigation before contacting and provider.
While temporary auto insurance has its share of complications, it’s safe to say that it’s more thanconvenient.

However, do not think you can replace the normal policy with a short-term auto policy- it’s only for a short period.

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