Traditionally, a car insurance policy lasts for a year at a time. But what if you won't have the car for that length of time? Perhaps you're just looking after a car while a friend is on holiday, and you need to be insured to drive it. You don't want to take out a full years premium for a car you'll only have for a fortnight, and your current insurance policy doesn't cover driving other cars.
So what can you do? Do you drive your friend's car without insurance and risk having it confiscated? You won't have your friend for very long! Or do you just leave it parked up and just hope that it will still run when your friend gets home?
Or do you get insured temporarily on the car? You can get temporary cover of a car or van for between 1 and 28 days, with an option for Third Party or Fully Comprehensive.
One months temporary car insurance will work out more than a months premium on a standard policy, but as you only pay the one-off fee it's an easy way to legally drive another car with no long-term commitment to an insurer.
Temporary insurance is also useful if you've just bought a new car and haven't managed to get full cover sorted out. You can arrange for a day or two of temporary insurance which will cover you driving back from the dealership.
Or perhaps your current policy has run out and you haven't had time to get a new car insurance quote? You can buy temporary cover giving you time to shop around for cheap car insurance at your leisure.
Temporary cover should not be seen as a substitute for a standard yearly policy. It is purely for situations like the ones outlines here, or in emergencies. But it can prove very beneficial, and certainly easier than trying to negotiate a second car on your current insurance policy!
In times of recession, cheap car insurance for young drivers is what people across the globe are worrying about. With gas prices increasing every few months, annual expenditure on automobiles is increasing two folds.
Due to tight budgets, people let go off car insurance because of high premium rates. And this is generally done for the teenagers who have just started driving.
Insurance company executives guide parents and young drivers while purchasing the right and best car insurance for them. Since young drivers lack experience, insurance companies charge higher premium rates because of greater risks. New drivers have a tendency to drive fast, not follow traffic rules resulting in accidents.
There are strategies to get cheap car insurance for young drivers:
Driving Course: If you have completed a driving course from an institute or school, insurance commissioners consider giving discounts. In case you haven't enrolled for a course, ask your insurance company and take the course.
Take your home insurance from the same company: When it's time to buy car insurance, go to the same company from where you have taken your home insurance. This might help you get a discount of 5%-10%.
Keep a check on your credit rating: A lot of companies watch your credit policy and decide on what premium rates to charge you with. See to it that your credit is in correct shape.
Educate teen drivers: Communicate with young drivers about safe driving. Tell them it is important to keep a clean driving record, following traffic signals.
Don't bother about Rental Coverage: If you have insurance on your personal vehicle, don't pay extra and get your rental car covered. It goes in the same policy and there is no need to pay extra premiums.
Getting cheap car insurance for young drivers does have to be difficult. Auto insurance companies are dying to reward safe drivers. Qualift for as many as you can and save potentially hundreds of dollars each.What is temporary auto coverage
Obviously, you should never drive a car uninsured. It is foolish to run the risk of having an accident that isn't covered or being pulled over by the police and receiving a huge fine and possible confiscation of the vehicle. The solution to a situation such as this is temporary car insurance. These policies cover you and the vehicle from anywhere from 1 day to a month.
Temporary car insurance may be a bit more costly than a traditional policy, however, you are only paying for what you need so you save in the long run. For the one time fee, it is an easy way to ensure you and the vehicle are protected for the short period of time you will be in possession of the vehicle.
A temporary insurance policy is not a substitute for a standard insurance policy, as it is designed for situations such as the one mentioned above. However, it is a must have if you wish to drive a vehicle for even a few days that does not have coverage to protect you in the event of an accident.Car insurance can be expensive and may even provide far more insurance than you actually need. Traditionally, a policy for car insurance has a six or twelve month term. However, you may not need such a lengthy policy. You may be planning to borrow a friend's vehicle for a short amount of time and only need insurance for a week or so. Obviously, you do not want to have to purchase an entire year of coverage for a vehicle you will only drive for that small period. So what should you do if you want to be covered but your personal insurance policy doesn't cover you in the event of an accident in another vehicle?
