Car insurance isn’t something that most people think about often, until they need it. It can be tempting to go with the cheapest policy you can find, especially if you’re just looking to insure your car temporarily, but it’s important to understand the differences between short-term and long-term car insurance and their potential impact on your wallet. Here are some things to know about short-term car insurance so you can choose the best option for your needs and budget.
Short-term insurance is perfect for new drivers
if you’re looking for cheap car insurance, short-term policies are a great option. Before deciding on short-term insurance, there are a few things you should know.
How much should I spend on my next policy?
How much you should spend on your next policy depends on two things: how much driving you do and how long you plan to keep your current car. The more often you drive, and/or if you’re planning on switching cars soon, then it may be better to spend a little more on your coverage. However, if you don’t commute or travel very often, then getting cheaper insurance will work out just fine for now.