Temporary or day insurance for automobiles has been available for a number of years; however, recently temporary car insurance has become more popular. Typically, temporary auto insurance can be purchased for periods as short as one day or for up to twenty-eight days. Traditional auto insurance is for a minimum period of six months and requires payment of at least one month (usually more) up front. Coverage amounts and types of temporary auto insurance can be customized to fit the unique needs of individuals. There are many advantages to purchasing day insurance and drivers are finding this alternative to traditional insurance policies convenient, affordable and useful.
Temporary automobile insurance is convenient and quick to obtain. Many insurance companies provide this type of insurance, with online companies leading the way. Some insurance companies are able to provide you with temporary auto insurance in just a few short minutes. This is sometimes necessary if you are required to borrow a car in an emergency and want to make sure that you are covered for any accidents that may happen while the car is in your possession. The reverse is also true if you need to loan; your vehicle to someone and your traditional insurance policy does not cover additional drivers. Convenience is one of the selling points for short-term car insurance.
Short term or temporary auto insurance is affordable compared to traditional insurance polices when you only need to be covered for a short period. There are many instances when a car owner may only need insurance for a few days; however, you do not want to pay premiums for an entire six months. Unfortunately, in the current economy many individuals have had to surrender their vehicles through repossession, voluntary or involuntary. This may force them to borrow cars or rent them for short periods in an emergency or urgent situation. Temporary car insurance offers these consumers the ability to drive vehicles with the confidence they are insured in case of loss from an accident.
Furthermore, short term or temporary car insurance is extremely useful in many circumstances. There are times when drivers find themselves in situations that may require them to obtain auto insurance for a short time. Rather than going through the time consuming and costly process of obtaining a traditional automobile insurance policy, temporary insurance is the perfect solution to their problem. Short term, temporary car insurance is perfect in situations such as:
**Adding additional drivers for a vehicle for a short period
**Lending your vehicle to someone for a specific period of time
**Test driving vehicles without the supervision of a dealer representative
**Relatives or students returning from college who will be using your vehicle for a few weeks
**Insurance for a newly purchased vehicle that is in effect when you drive it off the lot
There are many times when a long term, traditional insurance policy may not be required; therefore, a short term, temporary policy is ideal.
There are several restrictions to temporary policies so question the insurance company regarding exceptions to the temporary policy. Furthermore, remember that you do get what you pay for – – use a reputable insurance company and check their qualifications before proceeding.