Why You May Need It - typical uses of short term insurance

Scenario No 1) What if you are driving a friend’s car for just a couple of days for some reason. You have no insurance or your insurance only covers one specific vehicle. Then the inevitable happens; you have an accident. Someone runs into you. You hit something. Or heaven forbid, you hit a person. If one of these situations occurs, adequate insurance could be a lifesaver and you would not have nightmares about how to pay the cost to repair the other driver’s vehicle, repair damage done to multiple vehicles, homes or other property or even, the ultimate horror, personal injury compensation; if any of these scenarios did occur, your policy should cover you and the financial stress would be the insurance company's, not yours. If you had taken out fully comprehensive cover the damage to your friend's car would be covered too. A short term policy could be the answer to all these possibilities.
 

Scenario No 2) You have been considering purchasing a new vehicle. This might be the perfect time, financing is great and you just might have seen the perfect vehicle. However, before you sign on the dotted line, you want to test drive the vehicle or have it checked out by your own mechanic. Short-term car insurance could protect you temporarily during the time specified while you are test-driving your vehicle, in the absence of other suitable cover.

Scenario No 3) You need to move some furniture or other household effects but your own car isn't big enough; simple, you borrow your friend's bigger car and arrange short term cover.

Scenario No 4) You are going on holiday and need a bigger car for a couple of weeks but to hire one will cost you a mint. An option may be to borrow one from a friend and get it covered by a short term policy.

Scenario No 5) Your children are away at college. They do not need their vehicles while away, nor is it reasonable to allow them to drive their car in an unfamiliar city where they can't park it safely anyhow so during the time they are away, they may not require their car to be insured. When returning home for the holidays or during school breaks, short -term car insurance would be the answer. Purchase the insurance before they arrive home. Their break schedule is always available. You know exactly how long they will be home. You can purchase short-term car insurance for the duration of their visit.

Scenario 6) You own a car but only use it very rarely, perhaps for holidays or even to take it to car shows if it's a rare or unusual model. You wonder if you really need to pay for yearly insurance and perhaps a short term policy could be the answer.

Other alternatives

In all these cases there may be alternative ways of getting insurance cover, which you may wish to read about here.