3 Month Car Insurance Quotes – Best Ways to Find Cheap Coverage
3-month car insurance is a kind of short term auto insurance meant to be only temporary. It offers limited coverage only to the specified driver for just a short period of time. So if you’re looking for an easy temporary fix, 3-month car insurance may be just the right fit for you. Here’s what it can do for you…
It allows new drivers to take their first steps toward driving on the road with minimal hindrances. New drivers are usually young and in fairly good shape physically. However, there are always the circumstances where a new driver is not so lucky. They get into an accident, for example. Or maybe the new driver is in debt and can no longer pay for the vehicle upfront. In those cases, 3-month car insurance can come in very handy, since it covers a learner driver while they learn driving safety and the rules of the road.
There is no limit on the number of times you can use a 3-month car insurance policy, which makes it very cost-effective. If you go for annual insurance, you’ll have to shell out the same amount each year. The cost of annual insurance is much higher than the cost of 3-month car insurance. It’s also not a good idea to buy annual insurance if the vehicle has a low market value. Since it’s only a temporary insurance policy, the risk of payout is very high.
A 3-month car insurance policy can also be ideal if you want to insure your car for just a few months, while you’re still learning to drive safety and the rules of the road. Temporary coverage would only be recommended, though, when you are going to be driving somewhere for only a short period of time. You wouldn’t want to get yourself in serious trouble in an unfamiliar place. On the other hand, temporary coverage could protect you from paying for the damage that would otherwise be covered by your permanent insurance. Just make sure that you notify your insurance company immediately if your vehicle becomes damaged or stolen.
You can reduce the cost of 3-month car insurance by getting an additional driver or adding additional vehicles to your insurance policy. In this case, the insurance company will provide you with a discount. For instance, if your spouse or another individual who is a better driver takes over your car for a period of time, you may get a hefty discount. This is why it’s more cost-effective to take on additional auto insurance coverage for a short period of time, than to buy multiple individual policies for different drivers.
Another way to cut down on the cost of 3 months auto insurance is to take a defensive driving course. Studies have shown that people who take these courses typically experience a 10 percent drop in their insurance rates over the following three months. Additionally, the drop that you experience may also last the entire three months as many insurers believe that the person taking the course has less risk of being involved in a car accident.
Many people are unaware of how much money they could save by making a few simple changes to their car. For example, if you live in a no-fault state, it can save you hundreds of dollars to register your vehicle without collision and comprehensive coverage. If your credit report shows that you are a low risk driver, it can also help you qualify for discounts on your 3 months cover. Lastly, if your vehicle is locked in a garage overnight, it can help you avoid a fee called a ‘protection fee’. The protection fee is charged by many insurance companies, if you are unable to drive your vehicle out of the garage, even for a short period of time.
Remember to do your research. Check out several different car insurance quotes. Make sure you understand exactly what your policy provides coverage for and how much you will need to pay for it. Finally, ask questions! You can learn a lot about your policy online and getting 3-month car insurance quotes from various companies will only help you make a more informed decision about your coverage needs.