Car insurance policies you may not have thought about
Many new drivers tend to be only concerned with the mandatory car insurance required to be able to drive on the road, often overlooking certain forms of insurance than can be of great help should anything go wrong. There are also a host of different insurance options for those who may not be interested in paying for a yearly insurance policy. This article covers a few types of insurance policy you may not have considered, and which may be of great use to you or your family.
Short term car insurance
For drivers who don’t require an insurance policy that lasts 12 months, try using short term car insurance policy which can give you cover from anywhere from 1 to 28 days. This is a great option for drivers who want to borrow a friend’s car or go on a short holiday break without having to add themselves to another insurance policy. Prices for short term car insurance vary, so be sure to shop around for the best deals online.
Breakdown insurance
There’s nothing worse than finding yourself in the middle of nowhere with nobody to help should your car break down. For drivers who often find themselves a long way from home, having breakdown insurance is a great way of safeguarding yourself from any potential disasters. Should you have a breakdown, run out of petrol or need help with a flat tyre, breakdown insurance will guarantee that a trained professional will be there to help (in many cases within the hour of calling). There are many insurers offering competitive rates so it’s advised you shop around on the internet or have a look at Swinton breakdown cover .
Monthly car insurance
Monthly car insurance is a great way of insuring yourself if you’re looking for a flexible policy. Buying the right car insurance can be a hugely expensive, making it difficult for drivers on a tight budget to manage their finances. Instead of having to pay a yearly sum, you can help spread your finances by paying on a monthly basis. Monthly car insurance policies tend to end up being slightly more expensive than a yearly policy, but as you may know, not everyone can afford to part with the money for a yearly insurance policy. Going the monthly route is more manageable.
Disability insurance
Should you get in a terrible accident, car insurance policies will only cover medical expenses incurred. In some cases, drivers will be left seriously disabled after motor accidents. Having disability insurance will allow for a lump sum payment to be made to help cover costs such as loss of income.
Posted by maglane
on Jul 10 2012. Filed under Car Insurance.
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