Short Term Motor Insurance: An Overview

2007-03-08 10:33:40

( Insurance )



Short term motor insurance policies are particularly useful when an individual leases a car for a short period, or an additional individual decides to drive your vehicle.

Short term motor insurance quotes can be found and purchased through the Internet. Once a short term motor insurance policy is purchased, you are immediately covered for the duration you have chosen. Short term motor insurance can cover vehicles for as little as one day and as long as almost a month, up to a certain limit. Most short term motor insurance policies provide coverage for vans and cars.

To be eligible for short term motor insurance, the driver must be at least 21 years old, have a valid driving license and have been driving for at least a year. The driver who is to be insured should not exceed a certain number of fault claims within a certain time frame, have no driving suspension record and have no police record.

The insured motor must be registered in the country of residence, be of a certain market value, and not exceed a certain seating capacity. The vehicle must not be imported, nor be modified and not be used as a vehicle for hire carrying commercial goods.

A short term motor vehicle insurance policy will normally cover you for damages to another party’s premises or property, bodily injury and damages to the insured vehicle at the occurrence of an accident. Sometimes the entire vehicle can even be replaced, and most coverages also provide protection against damage or loss against theft, fire and vandalism. Towing services and repair can also be included for as long as the companies accredited by the insurer are utilized.

When you get into an accident, you must file for your claim immediately by filing a claim report. Generally, a short term motor insurance policy can be cancelled at any time; however, you will not get any refund back.


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