Car Insurance on Temporary Basis
A new feature of car insurance is you can purchase it on temporary basis. There are several reasons for buying a temporary insurance policy. Like if some one buys a new car and wants to take some time to go through the insurance quotes available of different companies. Then they can go for the temporary car insurance for that period of time. Also if you are going for a vacation and borrowed a car from your friend or some one else then for the safety purpose you can buy this policy for the period of time you are using the car.
Temporary car insurance is generally very expensive but in case you have any connection with the insurer you will be benefited. Also this type of policies is not available in all the areas or towns. There are some provisions in case you need temporary policy. If you have a vehicle which is already insured and you want a temporary insurance for your new vehicle then you can put you new car to your policy that already exists and at the time it is not needed you can cancel it. In the case when the minimum time period is of say 5 months which you can cancel when you do not need its coverage’s. This is an expensive mean of insurance.
At the time of canceling a policy you have to pay the charged fee for cancellation in case you have no records or relations with the company in past. In some cases when you are traveling from one country to another by car then you can not claim your insurance company in case you meet with an accident in other country. Many of the companies does not provide this feature in their policy, they will only insure you in your own country. In these cases you can buy the insurance policy from the visited country on the temporary basis for small period of time. You can buy insurance policy of other country online, all the related information is available on internet and you use your credit card for payment.
It is an important need in the cases above discussed like for a new vehicle, traveling out of country, or going for vacation on friend’s car. If the car is not yours then you can enjoy else and worried more about your car but if you have insurance then you can drive without any worries and can enjoy you vacations fully.
