Short term car insurance has a few unique
advantages. If you have guests visiting from out of town, consider having them
take out a short term policy if they plan to borrow your car. This is much more
convenient than going through the red tape of adding them to your existing
policy, only to remove them afterward. Having them added to your plan not only
jeopardizes any claim you might make, but potentially voids the policy itself.
An only slightly better scenario is having the guest's accident cancel any
discounts you might enjoy if you still have a no-claim status. If you're the
one traveling, telling your host that you're using your own temporary car
insurance will reduce a lot of anxiety about lending you his or her car, which
might save you from the need to rent one of your own.
Because short term car insurance is usually
purchased one day at a time for up to a month, and the application process is
much faster, you can use it for situations that would otherwise make getting
insurance too inconvenient. For instance, if you purchase a new vehicle, you're
legally required to have it insured before you drive it home. Most people know
this, but are anxious to use their new car, and would rather not endure the
hassle of shopping for a long term insurer just yet. A short term policy lets
to insure the car on the day of purchase, and keep insuring it on a day-to-day
basis for as long as you need until you find the perfect annual policy.
What does short term car insurance cover? The
length of coverage may be limited, but the amount of coverage is not. In
addition to liability, temporary car insurance usually covers damage to the
policy owner's car, any medical expenses for passengers, and coverage for
drivers with little or no insurance.
While daily policies are the norm, you can
also purchase 3-month and 6-month policies. These are perfect for anyone whose
lifestyle requires some kind of extended travel, like students returning to
their parents' home from college, or business professionals who need to work
on-site for any number of weeks. In many states, stays beyond 90 days require a
change of residence. A 6-month policy gives you one less layer of red tape to
deal with if the length of your stay is uncertain.
International travelers should consider short
term coverage if they're bringing their own car along with them, or having it
shipped to the same destination. This type of coverage is different than import car insurance, where a permanent resident is trying to
insure an imported car that he or she plans to drive on a long term basis. To
apply for short term car insurance, you'll need your country's driver's
license, registration and vehicle title. Insurers may required you to get a
non-citizen's drive's license if your stay exceeds 30 days.
Whether you're traveling to another state or
to another country, give some thought to whether or not doing so with your own
car is more cost-effective than driving and insuring a rental car. Depending on
the type of car you drive (e.g. sports car vs. economy car), your age, your
marital status, income, etc., you may find that it's much cheaper to rent. But
in most cases, travelers who bring their own cars are already committed to the
decision, so to find the best provider, see the link below to a list of short
term insurers in the UK and the US.
For more information on temporary car
insurance, as well as a list of companies who actually offer it, click on Short Term Car Insurance.
Article Source: http://EzineArticles.com/?expert=Andre_Kibbe
Article Source: http://EzineArticles.com/5194634
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