Short Term Car Insurance Cover
Reader’s Question:
I have a son coming home from college and he’ll be staying for a while. Should I add him right away into our car insurance policy or is there any other way?
Matilda
Cleveland, OH
It’s a concern for parents who have son or daughter returning home from college or universities and asking for consent to borrow their car. Why? In most cases, parents will just add them to their policy and that’s where the concern gets in. It will probably cost time and effort and of course, the insurance premium will increase. The worst part is, there is a chance that their son will get into an accident and their no-claims discount will get tainted. As a result, they have to look forward into paying an increased insurance premium once they renew their contract.
But worry not; nowadays you can purchase a short term insurance cover for your kids. It will basically work as a temporary coverage for your son and it can provide cover for at least 4 weeks, or until your son is using your car temporarily.
The short term car insurance cover will protect the car owners’ policy so as not to affect its no-claim bonus and there will be no changes made on its ongoing insurance rate.
However, most insurance company has a strict limitation before anyone can avail the short term insurance coverage. First is, the license of the driver must have been had for more than a year. Second, only drivers who are 21 years of age are eligible. So if you think your son or daughter is not eligible, you are still forced to add him/her on your insurance policy.