Writing Sample-3 Short Term Car insurance

Short term car insurance policy aims at providing protection to people who are searching for an immediate and short-term coverage. This policy is generally required by people visiting UK and looking for insurance coverage of 1-28 days. This policy covers risks like accident, theft damage and other third party liabilities.

This policy indemnifies the Insured against liability at law for damages and claimants costs and expenses. This can cover risks related to death or bodily injury to any person and damage to property arising out of an accident. This policy further indemnifies the owner against third party injuries, losses and liabilities.

The premium amount varies from insurance company to company. However, the common factors that decide the amount of premium are potential risk, profile of the applicant (age, gender, place of living) and value of the car. Risk potential and premium value are directly proportional. It means higher the risk higher is the premium and vice versa. Minimum age requirement to buy this policy is 21 years.

Short term car insurance has several advantages. This insurance is a flat rate policy for a fixed period. Hence, by availing this policy you do not risk your “No claim” bonus. Processing of this policy is faster. You can get an instant cover with help of this policy. You can add another person to your existing short term car insurance policy too. Some insurance companies provide coverage to the insured with at other European Union countries during the period.

However, short term car insurance policies do not indemnify the insured in certain instances. Any loss or damage exceeding the insured amount is not borne by the company. If the loss is caused by a driver who has not attained complete driving license of the UK, the policy will not cover any loss. Depreciation costs are also excluded from coverage. Losses like punctures, damage to tyres, brake applications are also not covered.

Most of the leading insurance companies of UK are now providing short term car insurance policy. You can apply and purchase this policy online too. Online purchase helps you to avoid lengthy paper work and ensures faster processing.

Car Insurance 1 is a one-stop store to get the best short term car insurance policies in the UK. Along with giving you quotes of all leading insurance companies, Car Insurance 1 provides you real consumer reviews. This helps you to have a true picture of various insurance companies, their short term car insurance policies, advantages and disadvantages. You can compare short term car insurance quotes of different companies here and go for the insurer who matches to your need and budget.