Short Term Car Insurance
Short Term Car Insurance – The Easiest Insurance Solution for ...
Car insurance is no more restricted to being an annual affair. There are a variety of car insurance options available to the owner of the car and to the driver who wants to drive someone else’s car for a short period. There are the normal car insurance policies, short term car insurance policies, temporary car insurance policies and in some cases policies which are specifically tailor-made for you. Due to the added importance of the legal aspect of car insurance, the insurance companies are providing all types of vehicle insurance solutions to the general public.
Short term car insurance is generally for a short period covering a period range from one day to 28 days. This would be specifically useful if you want to hire a car from a car rental shop or borrow a friend’s car for a day or so. Since the laws require that insurance cover must be there for all vehicles that run on the roads, the need for a short term insurance cover gains added significance these days. Short term car insurance covers are more popular amongst those who love driving a car during weekends and travel interstate. This is a very popular mode of relaxation amongst the common Americans of today. Specifically if the weather is pleasant and there are no bad weather forecasts coming up in the days ahead, weekend travel is preferred over any other form of relaxation. Visiting relatives or friends living in a different state is one of the most common causes for people seeking travelling long distances in the weekends.
Since it involves travel in freeways and expressways, short term car insurance providers also provide some add-on facilities under the same pricing umbrella. In the event of a breakdown of your vehicle, you can simply call up the local insurance agent representing your insurance company and a towing service can be arranged. You can also call in a replacement car to take you back to your home state or city while on the highway and if your car has broken down. A short term insurance cover is however costlier than a normal car insurance. In view of the term of the duration of the policy and the risks involved, insurance companies providing such a type of insurance prefer charging a higher premium to keep them covered in the unfortunate event of an accident.
...EDITORIAL: Banks mimic payday lenders' dirty tricks
(Source: The Roanoke Times)
By The Roanoke Times, Va.Aug. 29--Three years ago, the Federal Deposit Insurance Corporation recruited volunteer banks to experiment with offering small, short-term consumer loans. The goal was to increase the availability of low-cost micro-loans as an alternative to payday and car title loans.
Only 28 banks, most of them small community institutions, signed up. It turns out many banks were too busy concocting their own versions of the triple-digit loans they pretend to hold in contempt.
Banks don't use the term payday loan, but that's exactly what they're peddling with direct deposit loans. They offer loans to customers whose paychecks are automatically credited to their checking accounts. The principal and exorbitant fees are deducted with the next deposit.
Wells Fargo offers direct deposit loans in some states, but not in Virginia or other former Wachovia locations. Out west, its fee of $7.50 for every $100 borrowed is on the modest side compared to some other bank rates. Still, that sum extrapolates to a 261 percent annualized interest rate.
Short Term Car Insurance - Who Else Wants It?
You can get some great information online regarding short term car insurance. These are typically policies that are available for anything less ...
Short Term Car Insurance- News
|
Common insurance mistakes Learn about and consider buying car insurance, homeowner's insurance, renter's insurance, business insurance, disability insurance, long-term-care insurance, life insurance, health insurance, and even pet health insurance. Depending on where you live, and more » |
|
Aviva car insurance : Aviva short term car insurance summary You might want to take delivery of a new car from a dealer or seller, or insure a friend or relative to drive your car for a day or two. With Aviva short term car insurance you can temporarily insure another driver or another car for 1 to 28 days. and more » |
|
Consumers 'must plan for higher prices' Consumers 'must plan for higher prices'"When we meet with clients, we consider what rate hikes and inflation could do to their finances and we suggest taking out some short-term investments - along with others - that could be used to fund lifestyle changes and to maintain current structures and more » |
|
Gap Insurance for a Bad Credit Auto Loan In many cases, gap insurance is just a waste of money. If you have a short-term loan (36 months or less) you will be in an equity situation with your car in a very short time. Also, if your down payment was 20% or more, chances are very good that you and more » |
|
May is Disability Insurance Awareness Month; Take CIGNA's Pop Quiz – Do You ... May is Disability Insurance Awareness Month; Take CIGNA's Pop Quiz – Do You True or False: Short-term disability covers a portion of an individual's wages for a year. Answer: False. Short-term disability insurance covers individuals for up to about six months, while long-term disability insurance provides coverage for longer MetLife Study Finds Disability Income Insurance a Valuable Companion for all 20 news articles » |