As the name suggests, term auto insurance is short-term insurance purchased by drivers seeking coverage for a reduced period. This type of contract can be advantageous in several ways. However, it has a number of specificities to take into account before any commitment. Our experts explain to you.
When should I buy temporary auto insurance?
A term auto insurance policy generally covers a period of from 1 to 90 days. Several reasons can lead a driver to subscribe to it:
Driving an uninsured vehicle for reasons of repair, technical inspection, impoundment, sale, etc. ;
The suspension or termination of a classic car insurance contract. In this case, a temporary contract allows the driver to continue driving covered, while giving himself time to compare several offers in order to choose the most advantageous for his profile;
The use of a vehicle in a country not covered by insurance of the driver;
Coverage of an uninsured vehicle for a short period.
It should also be noted that temporary car insurance is the ideal solution for people who only drive their vehicle occasionally. This formula will suit you, for example, if you only use your car on vacation.
What guarantees are included in a temporary car insurance contract?
As a general rule, temporary auto insurance includes two main basic guarantees : civil liability and legal protection. In addition, some insurers also offer guarantees such as:
The « All risks » formula is rarely offered for this type of insurance.
To find out more about the temporary car insurance that interests you and avoid unpleasant surprises, take the time to read the contract before signing it.
How do I buy temporary car insurance?
The procedure for purchasing term auto insurance is the same as for conventional insurance, with a few differences.
Who can subscribe?
Unlike conventional insurance, temporary insurance is not available to young drivers. Indeed, only drivers aged over 20 and whose license dates back at least two years can subscribe to it.
Similarly, vehicles for the transport of goods, vehicles prohibited from circulation and unlicensed vehicles are excluded by most companies offering this form of insurance.
The documents to provide
In order to verify the driver’s age and history, insurance companies require a copy of the following supporting documents:
The gray card of the vehicle to be temporarily insured, whether French or foreign, established in the name of the driver or not;
Valid driver’s license;
The driver’s latest statement of information or a sworn statement mentioning his driving history.
Finally, it should be noted that temporary car insurance generally comes back more expensive than a traditional insurance contract. The price difference varies between 20% and 25%. It all depends on the duration of the contract, the guarantees taken out, the type of vehicle and the profile of the driver.