The number of options related to different car insurance policies has grown over recent years, due to peoples needs coupled with changes to local insurance laws.
Insuring a car has become much more flexible in the last twenty years as insurers now offer schemes such as pay monthly, month-by-month insurance and one day car insurance as well as bespoke solutions such as for high performance sports cars for example.
‘1 Day Car insurance’ is literally that (it is also known as ‘short term car insurance’, ‘temporary car insurance’ or simply ‘temporary cover’). It is the ability to insure a driver on a particular vehicle for a very short period of time. This can be for one day as the name suggests, or up to a period of 28 days on the same policy. These short term or one day car insurance policies offer flexibility and relative costs for the duration of cover compared to a yearly policy. As well as the cover being comprehensive, the insurance certificate is (and needs to be) issued within minutes of the policy being accepted for instant liability cover, usually sent via email.
Though most insurance companies around the world offer short term and one day insurance cover, some do have limits as to who can apply. For example there may be an age limit of say over 24 year olds only, or a driver may need to have held their license for a particular length of time, for example a year. It is worth checking with at least a few insurers to check the best available price as well as the cover that is included as policies can vary greatly.
Some insurers offer loss recovery on one day car insurance, some do not. While on other similar policies the short term insurance has no effect on discounts to the vehicle’s main insurance policy. Furthermore, does the temporary cover include breakdown cover and is it for use abroad? These are examples that should be made clear in the policy guidelines and should affect a decision on whether a policy is suitable to a particular driver.
Although one day car insurance is relatively new in the insurance world, the number of companies offering such cover is rising. Fifteen years ago this type of cover would have been difficult to come by, however demand and the Internet have made such cover much more easily discoverable.
Related posts: