Several car insurance policies are still sold on an annual basis. However, to accommodate the growing trend for flexibility required by drivers today, insurance cover can now be secured for as little as one day.
Temp motor insurance is often referred to as policies ranging from 1 to 28 days. However, there are now a number of specialist insurance companies who offer flexible cover for between one to six months.
In addition pay-as-you-go options are now available allowing drivers to setup and manage their policy online. This provides the option of not having to pay for insurance when it won’t be needed.
There are several situations where 1 day temporary cover may be appropriate. One of the most common is making sure you are protected when borrowing a friends or colleagues vehicle. Although you may be able to drive another vehicle on your annual policy, taking out an additional policy for this could protect any no claims bonus built up. This could therefore be a good option for more experienced drivers.
Another reason temp insurance is taken out is to provide insurance for an additional driver so driving can be shared on a longer journey.
Providing insurance for a foreign guest is another reason. As is requiring insurance for 24 hours when buying a new automobile and needing to drive it home. Taking a test drive and needing cover for 24 hours can be another eventuality.
Several drivers of vans will either be hiring or borrowing the vehicle. This can be where pay-as-you-go monthly car insurance is appropriate, when you are borrowing a van for a range of situations.
For riders that are planning a summer road trip, temporary car insurance could be a solution. This could be beneficial if they only ride the bike occasionally.
