Do you own a car but do not frequently use it? Infrequent drivers bear the full brunt of expensive insurance premiums. Traditional car insurance quotes are unreasonable and impractical for consumers who do not use their vehicles to the fullest.
Alternative car insurance policy plans are more flexible, such as temporary car insurance policies and young driver temporary car insurance. However, these policies do not cover consumers’ demands requiring longer-term flexible car insurance.
To meet the growing demand that standard car insurance policies don’t cater for, GoShorty offers pay-as-you-go car insurance premiums for motorists with infrequent driving habits.
Pay-as-you-go car insurance is not the same as temporary car insurance policies. The only similarity between these two vehicle coverage categories is that it helps you save money.
These insurance categories colour outside the borders of typical insurance providers to offer motorists the best coverage that suits their needs.
The types of policies offered under temporary car insurance include:
Hourly car insurance for people who borrowed a vehicle from a friend or family member for less than a day either for moving or a driving test
One-day car insurance is the ideal choice when moving and renting a van.
Temporary student car insurance is for students who commute with their car to and from campus and got primarily designed for young drivers.
Unlike these car insurance policies, pay-as-you-go premiums are for motorists that require continuous coverage that matches their driving habits. In addition, the quoted monthly premium is a fixed rate and does not get renewed or revised every month.
Temporary monthly car insurance requires constant renewal since most plans cover drivers from 1 to 28 days. In a nutshell, pay-as-you-go car insurance is simply a coverage plan that offers cheaper premiums.
Pay-as-you-go insurance could be the ideal choice if you are not satisfied with the premium you’re paying currently. The main benefit of this insurance policy is its flexibility. You only pay according to the miles or hours driven each month, but who needs pay-as-you-go insurance?
Apart from these main demographic groups, anyone that needs cheap car insurance premiums to save money can opt for pay-as-you-go coverage plans. The savings you can get from using this type of insurance can reach up to 70% or even more when considering all the claims discount offers that apply to specific policies.
Also, find out more about the qualification criteria for pay-as-you-go insurance to see if you qualify.
Before switching from your current insurance provider, you must be confident that you’ll get all the necessary coverage. The coverage you can get depends on factors such as your budget, driving habits, and age, just like most other insurance policies.
With GoShorty, you can customise the type of insurance coverage you’ll need for your vehicle according to personal preference. Young drivers, especially college students, can also get the necessities that fit their budget.
In addition to the customizability, pay-as-you-go insurance has a comprehensive coverage policy. What does our comprehensive insurance cover include?
Going for full comprehensive coverage gives you the ultimate benefits of your policy. Just like traditional coverage plans, you are eligible for all types of claims.
Any accidental loss, theft or damage to your vehicle can get claimed against your insurance policy. Since a comprehensive cover is the highest level of coverage, you can choose this policy to protect yourself from the expenses of repairing any damage to your vehicle.
If your vehicle also gets stolen, pay-as-you-go insurance helps cover most expenses if the chances for car recovery are slim.
Being involved in a car accident is a genuine inconvenience. If your vehicle is not a write-off, pay-as-you-go insurance could help you get back to driving your wheels as soon as possible. You get the best value out of this coverage plan because if you are claim-free, you can qualify for a no-claims discount.
Let’s say you accidentally cause an accident. Does this type of insurance cover third-party claims? Pay-as-you-go insurance helps share the legal liability by covering some of the costs you’re liable for paying.
With comprehensive coverage, you get all these benefits and more. The best part is that motorists can add or remove extras to their insurance plan whenever necessary.
What could potentially disqualify you for pay-as-you-go insurance coverage?
To apply for PAYG insurance, applicants should submit pertinent vehicle information, especially regarding ownership. The application procedure will also require essential details such as vehicle registration and roadworthy assessment results.
At times, you might need PAYG insurance for a limited period. When applying for your policy, you will have the opportunity to stipulate the estimated policy duration. Our policies start from as little as one hour, up to 28 days.
Some personal details relevant to the application get required during the application process. These personal details include identification documents, proof of residential address, and other documentation that could get requested on-demand. In addition, your banking details will also get requested if the application gets approved for billing.