There are a wide number of auto insurance products on the market today, making it quite difficult to determine what you actually need for your circumstances. One such insurance type is short term car insurance. This type of insurance can be particularly difficult to determine an appropriate use, though this really needn’t be the case.
Short term car insurance is designed to provide the insured a degree of protection for a short period of time. That much you probably already surmised. It is really intended to fill the gaps in insurance coverage or to provide coverage to those that only have a temporary need for vehicle or liability protection.
The most common type of individuals to require this sort of insurance protection are drivers that do not have their own vehicle. As such, occasion arises in which they have need of general insurance protection, but no permanent coverage to pick up this need.
For example, many New Yorkers use public transportation inside the city and have no need for their own personal vehicle. They will rarely have a permanent insurance policy as there is really no need. When they travel however, they sometimes require a rental vehicle or some other sort of loaner vehicle to conduct business out of town. This would be a great scenario for them to pick up some form of short term car insurance protection.
This type of auto insurance allows you to have liability and collision coverage for a short time span. The insurance is typically easier to obtain, and the overall cost of the policy should be less than purchasing a full insurance option. Vacations, short trips, business rentals, and other situations can all merit the use of this temporary insurance type.
If you do have existing permanent insurance, be sure to check with your insurance agent before purchasing a new short term policy. Your current coverage may actually cover you in a rental or other third-party vehicle.
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