The vehicle insurance which would provide a cover to the driver for a very short period of time is known as the temp car insurance or the short term car insurance policy. The coverage period can range anywhere between 2 weeks to 1 month. In case you do not own a vehicle of your own and hence do not have a long term permanent car insurance policy, then you may want to opt for these short term policies to use in those times when you hire a car from a rental firm or you borrow the vehicle from an acquaintance or a relative. When you are hiring a car from a rental firm when you are going on a vacation or you want to drive a rental car for a trip of business, you need to ensure that you have the required insurance policy. Driving without the minimum liability insurance policy is illegal. In case of you driving a rental car, you might want the car also to get covered on any damages that may occur. Also it is advisable to get a temp car insurance if you are planning to borrow a vehicle from a friend. You may neither want to file a claim on the policy of your friend nor do you want to lose a friend of yours over this.
Lot of parents opt for these temp car insurance policies to provide a cover for their kids who are coming home from the university for holidays and might drive the family vehicle. It is always good to be careful. You might have a lot of reasons for owning a car, whatever it may be you need an insurance policy at least a temporary one. In case you have bought a vehicle very recently and you are yet to decide on the insurance policy you want to have on your car then you might go for this temp car insurance till you make your decision.
Lot of people are of the opinion that purchasing a short term car insurance policy will not be expensive like the permanent long term insurance policy for vehicles. Typically this is not the truth. In fact with temporary car insurance policies, you will have to pay a higher amount of premium. You can find companies that let you pay your premium on a monthly or quarterly basis if you can’t afford paying annual premiums.