If you are convinced that your car insurance premiums keep growing, you probably aren’t simply imagining it. In the United Kingdom, car insurance costs have reached peak levels on record, reports The Guardian. Furthermore, many drivers, particularly younger ones, are getting hit by disproportionately hefty increases in these costs due to a recent change in the calculation of compensation payouts. However, there remain ways in which you can relieve the monetary burden.
One is swapping your car for another which is slower and less expensive; this can help to bring down those premiums. It can be similarly helpful to add an older, more experienced driver to the policy – though, in UK law, it is not legally possible to cite them as the car’s main driver if they actually aren’t. However, there’s another tactic which you could find especially attractive if you only occasionally use your vehicle: taking out temporary car insurance as you need it, rather than a long-term policy.
What is temporary car insurance?
Temporary car insurance is, indeed, car insurance that, once taken out, will be valid for a much shorter duration than a standard policy would. While that kind of policy would often last a year at the least, temporary insurance can last between 1 and 28 days. This is the range of choice when you want temporary insurance from the insurance broker Call Wiser, a UK-based firm that can compare different policies from various providers as it looks for an especially fitting option for a customer.
That effectively sums up the appeal of becoming a Call Wiser customer yourself. However, there is a range of criteria that you need to meet if you aim to obtain such insurance from this company. For example, you need to be aged over 18, have held a valid UK driver’s license over a minimum duration of six months, be resident in the UK, and be permitted to use the car in question.
You should also keep in mind that, while temporary cover can be extended for over 30 days, UK law would bar you from continually renewing temporary insurance in place of keeping a standard year-long policy. Besides, an annual policy from Call Wiser could set you back only £1.50 daily, whereas the day-to-day charge would be about £10 were you to stick the broker’s temporary cover. Therefore, this short-term insurance can be cost-effective, but only if you will have it strictly over the short-term.
Scenarios in which temporary cover can be truly worthwhile
If you are currently at university, you might have a lot of belongings that, while a key part of your term-time accommodation, you wouldn’t want to leave behind whenever you return home. In that case, temporary insurance could be ideal for ensuring you’re covered during those brief periods of time when you need to use a vehicle in order to get your items from one place to another.
Alternatively, maybe your university years are behind you, and so full-time work is now your daily routine. Right now, you might not actually rely on a car for your regular commute; public transport could suffice. However, if your work sometimes requires you to spend time working in a different geographical area, such as for a placement, then you might have to borrow a car – and, therefore, insure it as well – for however long will be necessary, such as however long a placement will last.
On the subject of travelling, short-term cover can come in wonderfully useful for holidays, too. The insurance available from Call Wiser would be valid for car travel in all European Union countries and certain territories outside that community; these areas include Norway, Iceland, Switzerland and Serbia. Alternatively, maybe you are set to enjoy a cosmopolitan experience without yourself doing the travelling. Call Wiser insurance lets people, like grandparents or friends, from elsewhere in the EU visiting the policy holder to temporarily use that person’s car.
Temporary cover can help you handle different types of cars
If you have a classic car that you like taking to the road only occasionally, like on weekends or during the summer, you have the option of dedicated insurance for classic cars – and, yes, it can be used temporarily. Meanwhile, if you are preparing to sell a car but your year-long insurance has expired, you could insure the car for one additional month, during which the vehicle will perhaps be sold, rather than choose a new annual policy that you may soon need to cancel.
In the UK, it simply wouldn’t be an option for you to avoid insuring a car that you would, nonetheless, continue using, however briefly. Going down this road, if you will excuse the pun, could land you a hefty fine and six penalty points. You could also be banned from driving in the UK.
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