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How can temporary car insurance cost you more money in the long run?

In the attempt to lower the expense of your car insurance, you could seriously consider taking out temporary insurance. In a description put forward by MoneyMagpie, this kind of insurance allows cover spanning anything from one to 28 days. It certainly seems to enable a pleasing degree of financial flexibility; if you drive your car more occasionally than regularly, couldn’t it save you a lot of money over time? Well, that would depend on your particular circumstances…

Reasons why you might consider temporary insurance


There are various possible circumstances in which you could have access to a car but not use it daily. Perhaps you are a student and only ever use your car when at home during the holidays. Alternatively, you might want to borrow a vehicle from a friend or relative for a short trip, such as visiting someone in a different town ten miles away, or a slightly longer time away. A weekend break or a party overseas with friends could fall into this category.


If it is in the United Kingdom that you want to drive, it’s vital to remember that going without insurance as you drive a vehicle on that country’s roads is illegal; you would be risking getting handed six penalty points, a hefty fine, and a ban on further driving.

Is temporary insurance really financially appealing enough?


How much you would pay for the insurance can depend on various factors – including your age, the kind of vehicle to be insured, and where you will drive that vehicle. Factors including these can lead to huge variations in the prices that different people pay; however, the UK-based insurance broker Call Wiser has cited short term cover’s daily cost, on average, as about £10.


It’s possible that, in your particular instance, the charge would be much bigger than this. If, for example, you are relatively young and inexperienced with driving, you will have to pay more. If, on the flipside, you are older and more experienced, this might not end up counting hugely in your favour if your history includes a high number of motoring convictions and claims.

Originally posted 2017-06-28 15:26:33. Republished by Blog Post Promoter