What Does A Temporary Car Insurance Policy Cover?
Perhaps you have been borrowing cars from friends and family members or lending your car to them? You may have been using a rental car.
In all of these cases, chances are pretty good that you have heard of temporary car policies.
If you are currently using or have used them in the past then you already know about what benefits they have to offer.
If you haven't then you have come to the right place to find out about short-term car policies.
Basically they are very similar to normal car policies that last for a year.
The main difference aside from the length of coverage, is the validity of the policy.
It is important that you take the time to understand exactly what your short-term policy is going to cover because it can have a bearing on future claims.
In an effort to help end the confusion and save time from doing multiple searches here are some of the features that are included in a 'typical' short-term policy.
1.
Vehicle Damage: Should your car get damaged in some way either through an accident or a natural calamity the typical short-term policy will cover the repairs.
This damage can be a result of anything from a car accident to malicious act to a falling tree and everything in between.
Most policies will also cover fire.
2.
Theft: Few would argue the fact that having your car stolen can result in tremendous stress and incredible financial consequences.
Making sure that your car is protected in the event of a theft is important.
This is generally included in your short-term policy, and the clause normally reads that 'in case your car gets stolen while under purview of the policy, then you are entitled to recompense from the provider'.
3.
Third party legal liability: Thanks to the UK's Road Traffic Act of 1988 every single auto insurance policy must carry this feature regardless of the type of policy you are getting.
What this coverage means is that the insurance provider will take care of your legal liability for death, damage or injury to another person's property.
4.
Foreign travel: Along with the features we have already gone over, your policy will provide the third-party legal liability while you are travelling abroad because this is the law.
If you want to have all the features of your policy while you are travelling you will need to pay extra to the policy provider.
Keep in mind that this is only relevant to countries that fall under the European Union.
You can obtain temporary car insurance one of two ways.
You can visit a local insurance provider to discuss your options and go over what their policies cover or you can get your insurance online.
Many believe that it is better to buy your temporary car insurance online because it can be tailored to the type of cover you are looking for and potentially save you money.
In all of these cases, chances are pretty good that you have heard of temporary car policies.
If you are currently using or have used them in the past then you already know about what benefits they have to offer.
If you haven't then you have come to the right place to find out about short-term car policies.
Basically they are very similar to normal car policies that last for a year.
The main difference aside from the length of coverage, is the validity of the policy.
It is important that you take the time to understand exactly what your short-term policy is going to cover because it can have a bearing on future claims.
In an effort to help end the confusion and save time from doing multiple searches here are some of the features that are included in a 'typical' short-term policy.
1.
Vehicle Damage: Should your car get damaged in some way either through an accident or a natural calamity the typical short-term policy will cover the repairs.
This damage can be a result of anything from a car accident to malicious act to a falling tree and everything in between.
Most policies will also cover fire.
2.
Theft: Few would argue the fact that having your car stolen can result in tremendous stress and incredible financial consequences.
Making sure that your car is protected in the event of a theft is important.
This is generally included in your short-term policy, and the clause normally reads that 'in case your car gets stolen while under purview of the policy, then you are entitled to recompense from the provider'.
3.
Third party legal liability: Thanks to the UK's Road Traffic Act of 1988 every single auto insurance policy must carry this feature regardless of the type of policy you are getting.
What this coverage means is that the insurance provider will take care of your legal liability for death, damage or injury to another person's property.
4.
Foreign travel: Along with the features we have already gone over, your policy will provide the third-party legal liability while you are travelling abroad because this is the law.
If you want to have all the features of your policy while you are travelling you will need to pay extra to the policy provider.
Keep in mind that this is only relevant to countries that fall under the European Union.
You can obtain temporary car insurance one of two ways.
You can visit a local insurance provider to discuss your options and go over what their policies cover or you can get your insurance online.
Many believe that it is better to buy your temporary car insurance online because it can be tailored to the type of cover you are looking for and potentially save you money.
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