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Friday, April 10, 2009

Know how the short term car insurance can be useful

By Joaquin Pelaez

Car insurance is the one that is compulsory in todays environment. Law also insists car insurance is must. As it is compulsory, it is fast growing business around the world. It leads to competitive business between insurance companies. Due to its competitiveness, many insurance companies are offering many discounts to attract customers. There are many companies who are offering many policies for 12 months or even more, but what if you need insurance for just one day, one month, or one week.

Short term insurance can help you in this situation. It is a type of car insurance which typically for a period of 28 days. It comes with a minimum of 1 day and maximum of 28 days. But, why short term car insurance? There are many circumstances where one might need this type of policy. No one wants to risk by lending car with out insuring first. In this situation one might require temporary insurance for the borrower, remaining the car owner claim bonus with you. It means even if you are not in the car when it got damaged, you still eligible to claim.

Temporary car insurance can be useful for people who have recently passed the driving test, but are not arrested by the insurance policy for them. Automobile insurance in the short term is to save money in May Instead of paying premiums for the whole year, just when you need it for a week. You can save time by applying online, once the insurance company decided to check. In most cases, their immediate, short term car insurance, especially for all businesses. You pay a fixed amount, regardless of their conduct, age, model, car type etc.

In the short term car insurance is useful when you want to add to your car driver, this can be useful when you go on a long car trip and you want to change the driver during the trip. May you need an insurance for them. To reduce the risk of no compensation from the insurer. In motor insurance, short term insurance can add to your car. Temporary car insurance is beneficial for unaccompanied vehicle demonstrations.

If you want to lend your car to relative, friend or client, you may require temporary insurance to file. In many cases, most of the college kids fascinate to drive the car and ask their parents to grant the permission to drive car during holidays. Short term insurance helps parents in finding solution to grant their teenage kids to drive by having some form of insurance coverage to have while they are driving with out their parents. Here parents still posses the owner claim bonus with them.

Short term car insurance can be helpful when you are about to bring new car. It need to be insured on the way out form dealership, in order to avoid the damage that could happen on the way.

Cancellation of policy is also easy. You just need to submit the written cancellation request form by the policy holder to the insurance company. - 21396

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