Short term care insurance is certainly advantageous. It allows you immediate coverage that lasts a few days. You may be surprised how often people need temporary insurance on their cars. Many families or friends sometimes come to visit from the city. They often travel by train or by plane and need a vehicle to get around town. Temporary car insurance or daily is perfect for this. It gives them the necessary coverage they need while they are visiting and then they drive your car. You’ll feel better knowing that there is insurance in place for the family member or friend who is driving your car.
The biggest problem though is not yourself but other people without car maintenance. People who are DUI, have no license to drive, or just don’t care who they hit. You can take step to avoid this to some degree by taking advanced driving lessons and paying as much attention as possible to what is going on around you on the road.
All drivers must pass a state certified driver education course and take a state driving test in order to obtain a driver’s license. Some drivers never get a driver’s license or their license is suspended or revoked. A driver’s license can be suspended or revoked for several reasons. You may have too many traffic tickets on your record or a drunken driving arrest. You may have outstanding tickets you have not paid for or you are behind in your child car insurance support payments.
But, what if you don’t live in a flood plain and aren’t required to purchase flood insurance by your mortgage lender? This is where it can be difficult.
In financial planning terms, we are talking about protecting other parts of your financial lifestyle. This means covering against disasters such as long term illness, death, and unemployment. Think about each of these scenarios for a minute. How would you cope in the following scenarios?
We understand why the company wants to find cheap cover, but quality should never be sacrificed. There are plenty of other ways to cut costs such as getting a higher voluntary excess, asking about any discounts that are available, and even taking your search to the Internet. We’ll explain the last one here in a moment.
Before you even get into a more serious trouble because you do not have an insurance for your car, might as well start looking for a good one now. Not only will you keep yourself and your passengers safe but you will also save yourself from so much trouble.