Short Term Car Insurance: Benefits And Disadvantages For Learner Drivers
For learner drivers who are looking forward to gaining extra practice driving their parent’s car, insurance becomes a problem. Learner drivers are considered a higher risk and as such insurers are more wary of them. As such, annual insurance is more difficult to obtain and premiums tend to skyrocket. There is an answer to this problem in the form of short term motor insurance.
Most insurers now offer short term motor insurance for learner drivers. This offer is typically for lengths of time somewhere between 1 and 28 days but can be split howsoever the learner requires. For example, it could be set up so that a learner has insurance for a specific weekend, or even a single day if so desired. These shorter insurance terms mean lower insurance premiums providing that you take into account the time and day for which your offer begins. Short term car insurance that begins during rush hour will inevitably be more expensive than insurance that begins in the evening. Some insurers even go so far as preventing learners from being insured between 1:00 and 5:00 in the afternoon because of the financial risks.
One of the benefits of short term car insurance is that it can be added as an addition to an existing policy, making it ideal for parents who don’t want to endanger their No Claims Bonus should an accident occur. This kind of insurance is also available to students who are home during the holidays or short periods of time, but their premiums tend to be high as they are still young and, in the eyes of the insurers, inexperienced on the road. These high premiums for students can be reduced by a good driving record and even, in certain cases, by good academic performance.
Generally, short term insurance is very cost effective. It gives the driver more freedom to shop around for alternative deals without being tied into a twelve month contract. Even if a driver does not want the hassle of shopping around so often, prefers the comfort of longer offers, there are also short term insurance offers that can be extended up to two or three months. For learner drivers, temporary insurance means that they can have more time practicing on a regular basis without having their driving restricted to one or two lessons per week, though of course it would only be advisable for the more confident learner drivers and parents to opt for this, as it means driving without an experienced driving instructor in the passenger seat with their own control over the vehicle. This has its own benefits as it gives the learner an experience that is closer to the real act of driving, with more independence and responsibility that are free of the instructor.
In is important to highlight that although this type of insurance is only short term, it still contains all of the essential covers. For the learner, it is still worth not driving expensive cars during practice sessions and taking extra car not to have a collision (by, say, driving at less busy periods, in places where there is less traffic) as premiums will increase dramatically should any collision occur. For the learner driver, short term insurance is really beneficial, giving the learner as much extra time as they desire to practice and to hone their driving skills without the pressure of being tied to an annual insurance policy. There is, of course, no monthly pressure to pay on time and there are more opportunities to change your insurance provider should you see a better offer anywhere else.
The top four short term insurers are said to be: tempcover.com, insuredaily.co.uk, The AA and Endsleigh, though temporary car insurance deals can still be analysed on comparison websites such as confused.com. It is worth shopping around to find the best deal, just as you would with annual car insurance, to ensure you are getting the best value for money.