How Does Short Term Auto Insurance Work?
By Patrick Cooper Posted in Car Insurance News
Everyone who drives knows that car insurance is important. However, short term auto insurance is an option for those who will be driving on a temporary basis. Short term auto insurance is a policy written from one to thirty days and offers the same options as traditional auto insurance, such as liability, full vehicle collision, and even medical. This type of policy is limited by time, rather than by coverage.
What To Pack: Socks, Toothbrush, Short Term Auto Insurance
Many foreigners are finding short term auto insurance to be a good investment. This type of insurance offers many of the same advantages as traditional car insurance. It is a good option since it can be purchased on a per day basis for up to thirty days. Tourists should keep in mind, however, that short term auto insurance will be pricey, since the insurance company does not know how safe a driver that person is. Therefore, potential buyers should shop around for the best price. A valid driver’s license from a foreigner’s home country is required, and will be accepted by most insurance companies, especially if issued from Canada or Mexico. Also, some companies will require title and registration before writing the policy.
Bring Along Short Term Auto Insurance
For friends, family, or simply moving across town, short term auto insurance may be a good investment. The price of a policy can be low since it is meant for those who need insurance for a limited amount of time. Short term auto insurance is usually purchased for those occasional weekend trips or when lending your vehicle to family or friends. A perk with this type of insurance is that there is no need to add the other person to an already existing policy. Also, with short term auto insurance, the permanent policyholder of the vehicle is not risking losing their no claims discount if there is an accident. However, buyers beware—this type of insurance is not cheaper if purchased multiple times in a row.
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