Like the name suggests, temporary car insurance under 21 is meant for drivers who are 21 years old or younger. Compared to car insurance offered to mature drivers, the rates of this insurance are higher. This is mainly because the majority of accidents are caused by young people. However, temporary car insurance under 21 is reasonably affordable than long term insurance.
Temporary car insurance under 21 only covers you for a specific period. For example, when you are going on a trip, you may hire a car and will need to insure it during the time it will be in your possession. Thus, the rates for temporary car insurance are usually lower than of long term car insurance. The insurance company’s advisors can recommend the amount of cover that will be sufficient for you based on where you are going and how long you will be having the car.
Before you purchase temporary car insurance under 21, find out what different insurers are offering. Use the Internet to compare different offers or request for quotes from multiple insurance companies. If you want a local company, use the Yellow Pages or ask for recommendation from close friends. After getting quotes from a number of insurers, you have to eliminate and remain with a couple that you can work with. Some of the things you can use during the elimination process include the price, repayment terms and reviews of the company from customers.
All companies will offer you different repayment rates. The rates are usually based on the type of car being insured, your driving history, the amount of compensation that will be paid and the time period that the policy will run. While you should look for affordable rates when searching for temporary car insurance under 21, do not forget to consider other factors like the reputation of a company.
A firm’s reputation reflects the kind of services it offers. Good insurance firms compensate their clients in a timely manner and give the exact compensation as agreed. Some bad firms use delay tactics to frustrate the claimant from following up on his or her compensation. Stay away from firms with a bad reputation.
If you prefer a local company, visit the company’s office to learn more about the temporary car insurance under 21 policy or other related financial products they have that may be suitable for you. Some companies will offer you a custom cover when you visit them and outline what you want. Ask anything that you do not understand about the cover, find out the procedure for termination and all the fees that you will have to pay.
There is intense competition in the insurance industry thanks to the many companies that have come up during the last few years. If you do not like a temporary car insurance under 21 offer from a particular company, look for another insurer. Also, bargain the rates before you buy. The rates that are usually indicated on the quote are not fixed. You can get better rates if you ask.