When we think of car insurance, we automatically think of the insurance that we put in place for a period of 12 months. Yes, the majority of us use our vehicles on a daily basis and so, this kind of product is the ideal choice but for some, that is not always the case.
There many instances where someone might need the use of a vehicle for a short period of time for anything ranging from one day up to twenty-eight days and that is where short term car insurance works perfectly well. There is often no need to spend money on long term insurance in those cases where a vehicle is only going to be used intermittently or over a short period and so, this can be a cost-effective solution.
Why would you need short term insurance?
Often, short term insurance is required when you plan to drive a vehicle that is not your own. There are many instances where this could be the case such as borrowing a car for the day to make a short trip or to move house or maybe someone wants to borrow your vehicle. There could also be a case you might want to share the driving on a long journey and so, short term insurance can make this possible.
Often, young drivers can find that car insurance is a problem for them but if you are under the age of 21 and don’t have your own vehicle then you can use another vehicle for up to twenty-eight days by putting short term insurance in place. This will enable you to use a relative’s car or a friend’s car, providing you with the ability to use a vehicle while you are on holiday, going on a road trip around the UK or you are returning home from university for a short period.
Short Term Insurance – A quick solution
There are those who own classic cars that spend most of their time locked away in a garage but when the time comes to enjoy the thrill of driving one, short term insurance is a perfect choice. It means that you don’t have to pay for insurance on the vehicle while it is sitting in the garage doing nothing, leaving you to pay for those times when you do decide to use it such as the weekends.
Often, learner drivers don’t have access to a vehicle that they can learn in whenever they wish or they might not have the time to practice as regularly as they would like to. However, short term insurance offers them a cheaper option of being able to drive a vehicle without having to pay the price of a full-length policy. This gives them the flexibility of being able to learn to drive as and when they can while saving them money.
Of course, we never quite know when an emergency can occur. This could be something as simple as a broken-down vehicle that is off the road or you need to borrow a vehicle to transport goods from one place to the other. Whatever the needs might be, if you need the use of a vehicle for one day then short term insurance makes that possible.
Short term vs long-term – what are the differences?
There are no real differences in the level of cover that you receive, regardless of whether you take out short term or long-term insurance. However, it is often the case that short term insurance will come with a higher excess than long-term policy. Despite this, it is always worth carrying out a comparison with Quoteradar to ensure that you are paying the best possible price for your cover.