Car insurance for one day
Traditionally car insurance contracts are taken out for the term of a year, and generally reviewed and renewed every year on the date of inception, what do you do then if you only want car insurance for one day? Well… ask for exactly that. One day car insurance policies have been becoming more popular worldwide as the need for them continues to increase. Less than 10 years ago you would have needed a specialist insurance broker to setup a single day car insurance policy for you, now days however it is as simple as searching online and getting a quote from one of the multiple online insurance companies willing to provide this service.
Having to only insure your vehicle on days when you are using it can be a great saving for owners of classic or vintage cars who keep their cars in storage for majority of the year and only take the car out for special shows or meetings. In such a case the car will already be insured by the storage company, so having the car covered for the entire year would constitute double insurance which means paying twice as much premium for no real gain.
Another group of people who also need the services of 1 day insurance providers are racing enthusiasts that intend to use their vehicles for purposes not included in their normal insurance policy. Generally if you wish to race your car on a racetrack you will immediately be excluded from any cover provided by standard insurance so in such a case you will have to take out car insurance for a day. In the bad old days, if there was a crash on a race track the owner of the vehicle would arrange for the car to be towed to a local road and then claim that the accident happened there so that they could claim on their annual insurance policy, this however is a criminal offence, and not worth the risk.
A lot of city dwellers own cars that they rarely use, the reason being that most urban centres have everything that you need within walking distance. This is a prime opportunity to take out a single day insurance policy on the few days that you are driving, if you do find yourself in this situation the best idea before taking out an annual policy is to find out the cost of the policy and the cost of car insurance for one day and work out which will be more economical in the long run based on the number of days a year that you will be driving the car.
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