Who Needs Short Term Car Insurance?

The typical driver purchases an auto insurance policy that lasts for six months at a time between renewals. However, there are times when a driver may need to buy insurance for a shorter time, usually anywhere from a day to a month. In these situations, it’s much better to purchase short term car insurance, which adjusts the cost of the policy to make it more affordable to keep for just a short time. You should get quotes on a short term auto insurance policy if you fall into any of these categories.

Borrowing a Vehicle: If you’re borrowing the vehicle of someone who does not live in the same household as you, that person’s insurance policy may not extend to cover you. In this situation, you should purchase your own short term insurance on that car. This insurance will not only keep you from the awkward situation of crashing your friend’s vehicle and not having money to pay for repairs, but it also protects you from financially liability for the injuries of others and damage to personal property of other parties in the accident.

Renting a Car: Purchasing a rental car policy from the agency is notoriously expensive, so it’s best to come to the rental desk with your own policy already in effect. If you have a policy on your personal vehicle, that same coverage usually extends to a rental as well. However, if you don’t carry comprehensive and collision coverage on your vehicle, this means that you won’t have this coverage on the rental car. In this situation, buying a short term policy with comprehensive and collision can protect you from being financially liable for damage to the rental car.

Driving Seasonally: Auto collectors often have vehicles they don’t spend much time actually driving. In this situation, you may have a basic policy you keep on the car for the year to meet the minimum requirements in your state, but you want to get a more extensive policy during the season when your vehicle is actually on the road. Therefore, if you’re planning to use a vehicle that has minimal insurance coverage, a short term policy can cover it for that short time. The policy is perfect for when you’re driving a special car to an auto show, taking it on a road trip, or another similar situation.

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