Many car and other vehicle insurance policies are still sold on an annual basis. As during a 12 month period the needs of drivers may change, short term insurance can now be secured potentially providing a better value and more flexible solution.
A commonly accepted definition of short term vehicle cover is insurance ranging from one month to as little as 1 day. However, flexible short term insurance cover is now available for between 1 to 8 months.
To add to this, the popularity of pay as you go insurance is available. This gives the option to switch cover on and off for times when they know it will not be required.
There are several scenarios where temp cover may be convenient. One of the most popular is making sure you are insured when using a friends auto. Taking out an extra policy for this could protect any no claims bonus acquired. This could be an attractive option for more experienced drivers.
Another reason temp motor insurance is taken out is to provide cover for an additional driver so driving can be shared on a longer trip.
Insuring a visitor from overseas is an important reason for taking out this type of insurance. As is needing temp cover when driving home a new or second car home after purchase. Taking a test drive and needing insurance for 24 hours can be another eventuality.
Many people who drive a van, don’t actually own one themselves. This can be where 1 day car insurance is useful, when you are borrowing a van for a range of scenarios.
For riders that are planning a summer road trip, temporary car insurance could be convenient. This may prove economical if they will only be riding while they are away and usually drive their car when at home.
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