Many car insurance policies are still sold for 1 year. However, to meet the flexible needs of modern driving, temporary cover is now available for shorter periods of time.
A commonly accepted definition of short term car cover is insurance ranging from one month to as little as 1 day. However, there are now a number of insurance providers who offer flexible cover for between one to six months.
In addition to this, monthly "pay-as-you-go" insurance is available to drivers. This gives the benefit of not having to pay for insurance when it will not be required.
There are many reasons and situations where drivers may take out a temp car insurance policy. One is making sure you are adequately insured when using a friends motor. Taking out an extra policy for this could protect any no claims bonus acquired. This could be a good option for careful drivers.
Another reason temporary cover is beneficial is when providing insurance for a driver sharing the driving on a longer journey.
Providing cover for a foreign guest is a popular reason. As is requiring 24 hour cover when driving home a recently purchased new or 2nd hand motor. Taking a test drive and needing cover for a day can be another eventuality.
When moving house, some people borrow a van from a friend and colleague and require short term van insurance.
Temp motorbike insurance is also popular for riders who, for example, may be planning a summer biking holiday with fellow bikers. This could be beneficial if they will only be using the bike while they are away.
