The typical annual car insurance premiums in the United States are $10 daily. Because not all firms provide one-day auto insurance plans, finding 24-hour vehicle insurance might be difficult.
It isn’t because of their budget that drivers purchase 24-hour car insurance; it’s the circumstance of their vehicle ownership. Short-term car insurance is necessary for some drivers. If you’re one of those drivers, consider this post your guide to buying, finding, and understanding 24-hour car insurance.
What Exactly is 24-Hour Car Insurance?
By the name alone, you can infer that 24-hour car insurance is short-term auto coverage –often for a day or up to a month in some cases. It is paid for at a daily rate and designed specifically for any short-term driver’s situation.
However, not every insurance company may offer 24-hour or short-term car insurance. Because of this, finding such insurance involves some digging. 24-hour car insurance at affordable rates isn’t even close to impossible and can be done online. If you regularly drive your car for more than days or weeks at a time, then a standard auto policy may be in your best interests.
How Much Does 24-Hour Car Insurance Cost?
24-hour car insurance can be paid on a daily or weekly basis. Daily use rates average at around $10. The average standard car insurance is anywhere from $1,655 to $2,124 annually.
Of course, car insurance costs depend on the driver and their vehicle and vary from policyholder. The cost of 24-hour car insurance depends on how much the policyholder drives, so if they drive to the point of 24-hour premiums are more expensive than a standard policy –the 24-hour coverage has outlived its usefulness. You’re ready to become a full-time driver.
How to Purchase 24-Hour Car Insurance
To purchase 24-hour car insurance, begin by assessing your specific insurance needs, considering the vehicle type, intended use, and the duration for which insurance is needed. It’s essential to ensure that the coverage complies with the minimum legal requirements in your state.
Research is vital; compare options from insurers specializing in short-term car insurance, as traditional insurance providers may not offer such brief coverage durations. It’s prudent to compare rates and terms from multiple insurers to find the most favorable deal. The process can often be expedited through online platforms, where quotes can be obtained quickly, and policies are usually issued immediately upon acceptance.
When purchasing, be prepared to provide detailed information about yourself and the vehicle. This includes personal details such as your driver’s license number and specifics about the car, such as its make, model, year, and Vehicle Identification Number (VIN)
Pay close attention to the coverage limits, deductibles, and exclusions to ensure the policy aligns with your needs. Moreover, it’s advisable to clarify the procedure for claims should the need arise during the policy’s term.
After carefully reviewing the policy details, the payment can usually be processed online, after which the insurance coverage starts immediately. Given the brevity of 24-hour car insurance, it is critical to adhere strictly to the policy’s terms and duration to avoid any lapses in coverage.
What Drivers Commonly Buy 24-Hour Car Insurance?
24-hour car insurance is hardly ever the move for a regular car owner –it just wouldn’t be worth it. Here are the most common cases when drivers get daily car insurance:
- Car renters - Individuals renting a car and don’t have another way to pay the rental fee should get 24-hour auto insurance.
- Car borrowers - Another reason for needing 24-hour auto insurance is if you’re using someone else’s car and their policy does not include you as a driver.
- New car purchase - 24-hour car insurance is an excellent placeholder until you find a standard insurer with which you are comfortable. Car insurance is required in 49 out of 50 states, so cars are always meant to be insured.
Are There Any Restrictions on 24-hour Car Insurance?
24-hour car insurance is relatively easy to get if you research and gather as many quotes as possible. Every insurer prices its policies differently, which you can take advantage of.
Typically, 24-hour car insurance can only be bought for drivers over 21. Younger drivers can only get cheap car insurance once they have more of a driving record. Some companies may not even offer 24-hour car insurance to drivers under 25.
If you’re looking for cheap car insurance rates, contact Insurance Navy today at 888-949-6289. One of our expert representatives can get you a free insurance quote in minutes. Need to speak with someone? We offer quotes virtually via our website and mobile app. There’s no harm in shopping for car insurance, even if you already have a policy. Keep your options open; you never know what you’ll find.
