Sometimes you need car insurance for only a day or a week, and it's a big waste to go for regular insurance. The solution is "Pay As You Go" insurance, as described here by K D Garrow.
Pick Pay As You Go Auto Insurance Policies And Spend Less Cash On Your Coverage
There may be times when you find yourself in need of car insurance for just a single day, or maybe you need to drive for a week or two. There are many reasons why you may want this type of cover and in these circumstances it simply does not make sense to get a standard annual policy. An annual policy will usually cost you a large upfront fee so even though you can always cancel the annual policy when you no longer need it, you will already have paid a large sum of money up front. Even more relevant is if you need to drive for a day or two, but then not for a few weeks, then you need to drive again, then you don't need a car, and so on. Ongoing annual policies are a terrible waste of money if you have this type of pattern of irregular driving needs.
A motoring policy for a single day is ideal when you purchase a new vehicle. Instead of having to take the time to apply for an annual policy at the time of purchase you can get car insurance for a day in a matter of a few minutes. Temporary insurance is quick and easy to get and this makes it ideal for times when you spot the car of your dreams and you want to snap it up before anyone else does. You can put a quick basic policy in place, then sort out a longer term plan when you get home.
Another reason you may want to get car insurance that lasts a day or two is because you need to use someone else's vehicle and your insurance does not cover you. By purchasing temporary car insurance you will get the insurance you need without paying a lot for it.
There are times when someone needs to borrow your car or van. Perhaps you are temporarily unable to drive, or you have family coming to visit from out of town and they will need a vehicle to drive. This is a perfect time to get car insurance for a day. Your vehicle will then be properly covered in case of an accident.
Another group of people with irregular driving habits tend to be younger people living with parents. If you are not working full time and do not need a car for regular commuting, you may only need a car very occasionally. You could go weeks without needing to drive, but then want to do a lot of driving in a short space of time. A traditional policy would be a waste of money in this situation. The best option for ongoing irregular driving would be a pay as you go policy. This is where a tracking box is fitted to your vehicle and you are charged by the insurer based on the driving you actually do.
Since car insurance for a day is so quick and easy to get you will find that there are certain restrictions that apply to it. In most cases the insurance company will insist that you are at least 25 years old. Your licence will have to be clean too. In other words they do not want any violations or accidents on your licence. A clean licence is a sign that you are a safer driver and a lower risk to them. Many times they will also want you to have had a licence for a certain period of time.
The car insurance companies may also put restrictions on the type of vehicle you can insure. They will most likely not insure a car which has been modified. The vehicle may have to have a particular limit on the value, also.
Car insurance for a day is very useful in certain circumstances. You may find that getting this type of insurance is exactly what you need until you can get an annual policy in place.
Find out more about temporary car insurance on the author's Car Insurance For A Day website. K D Garrow has created several websites providing free advice on various finance related matters, including temporary car insurance.
Thank you Mr. Garrow!
Nadav
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