Budget launches short-term car insurance
Wednesday, 23 Jan 2008 11:50
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Budget Insurance is launching a range of short-term car insurance policies.
The polices are aimed at those moving house, borrowing a car from a friend, overseas visitors, learner drivers, students returning home during term holidays and those test driving a vehicle.
Temporary cover is available from a single day to four weeks.
Matthew Gledhill, managing director of Budget Insurance, said: “Many people at various times have needed a short term policy, whether borrowing a friend’s van to move house, or test-driving a car.
"But traditionally this kind of cover has been difficult to find when you need it."
He added that temporary cover also offers reassurance to the vehicle owner, as their no-claims bonus is not at risk.
"In the event of an accident, an accident involving a driver added temporarily to the owner’s policy could affect their no-claims discount. But if that driver took out a temporary policy, the owner’s no-claims discount would be unaffected," Mr Gledhill concluded.