Short Term Auto Insurance
Posted by: info | August 8, 2007
Many drivers are looking to purchase a 1, 2 or 3 month auto insurance policy to cover their vehicles for a short term. These drivers may be leaving the country, selling their vehicle or many other numerous reasons for wanting a short term coverage. There is a solution for drivers needing auto insurance for a limited time.
Compare policies online, via an agent or company direct and inform your best price carrier of your situation. Be honest and upfront about your situation to your agent or company. Inform them of the exact time and dates you need the coverages if possible.
If you are in a current policy or recently renewed a policy, you can still have your policy cut short. Some of these drivers don’t feel the need to purchase coverage if they are leaving the country or will not be driving unless they still have a vehicle. Remember that auto insurance is designed to protect the vehicle as well as the drivers and others. This can be very important if you are in possession of a vehicle. Auto insurance coverage can protect your car against natural disasters, vandalism, theft and much more. These are just some of the reasons a vehicle can still be damaged even though it is not being driven.
These are very important things to consider before dropping coverages. Please don’t forget to call your agent or company and let them know you will no longer be needing coverage if you choose this route. You may also want to find out their policy for cancellations.
Don’t forget to pay your policy as agreed on time or forget to inform your insurance company that you will no longer need coverage. Failing to inform your insurance company to drop your coverage will leave you financially responsible for the entire policy agreement. Failing to pay this amount will also hurt your credit history and it could also increase your rates in the future.
Posted in: Insurance, General |
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