by lukeking
Cheap Car Insurance for Young Drivers
Temp car insurance is growing in popularity. More and more people are finding it to be a cheap, easy way of covering themselves for a short period of time.
Owning a car can be very useful, for some people it might even be a necessity. However, the insurance is expensive and once you have decided on a cover provider you are tied into a contract for a year. For some people this might be better than any alternative as once it is sorted they don’t have to think about it again for the next 12 months. But what do you do if you want to share the driving on holiday or insure a car for a day so you can drive it home from the dealership? This is where Temp Car Insurance comes in.
Although it is not offered by every car insurance company, temp car insurance is becoming more and more popular. It offers a cheap and flexible way to insure a driver for any amount of time between a day and six months. You don’t have to obligate yourself for a whole year and can drive away the same day you set up the policy. All three types of cover available with normal car insurance policies can be purchased as temp insurance. The former is the most basic, while fully comprehensive cover is pretty self-explanatory. Just like annual vehicle cover, you get to decide the level of excess you want and can apply for breakdown cover too. Just like normal car insurance, you can travel to Europe using temp car insurance policies. If you want to go away, you only have to arrange the policy with the provider and you will be covered immediately.
Temp car insurance is also useful for students who need to borrow their parents’ cars during the holiday. As they are not living with their parents for half the year, it would not be cost-effective to cover them with an annual policy. Short-term car insurance is also great if you have an emergency as you are covered the same day you arrange the policy.
Temp car insurance has helped out millions of people so far and is a great, flexible way of ensuring that you are protected.
...Cheap Car Insurance for Young Drivers
13.07.10
July 14 (Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. scaled back sales of the most unusual and riskiest U.S. insurance policies as prices declined and the company guarded capital for its biggest acquisition.
Berkshire’s premiums from companies insured through excess and surplus policies plummeted 32 percent to $473.9 million in the 12 months ended March 31, SNL Financial said in a report distributed yesterday by e-mail. That was the biggest drop among the top 30 carriers, pushing Omaha, Nebraska-based Berkshire to No. 12 from No. 8 among excess and surplus insurance writers.
“Their premium decline is quite a bit more than other insurance companies,” Andrew Schukman, the SNL analyst who wrote the report, said in an interview. “That’s probably an indicator that they’re pulling back a bit.”
Insurers are facing price declines as they compete for business in a contracting market. Buffett, 79, Berkshire’s chief executive officer, has reduced his firm’s reliance on insurance over the last decade by acquiring energy and freight businesses. Last year, he curbed Berkshire’s coverage of natural-disaster risks, and in February he spent $27 billion buying railroad Burlington Northern Santa Fe Corp., his biggest acquisition.
Source: BusinessWeek
Short term car and van insurance for drivers. Immediate temporary car and van insurance between 1-28 days short term motor insurance, one day car ...
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