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Updated on Dec 19, 2022
If you are looking for reliable and short-term car insurance plans in India, here is a quick guide to allow you better understanding on the same. Take a look.
The long-term car insurance policy offers a long-term commitment to car owners by protecting their four-wheelers under numerous covers. In case one is not looking for insurance for longer duration, short-term plans are very beneficial too. Many insurers in the country these days are offering short-term car insurance plans, which we are going to discuss in this blog ahead.
Let us start with elaborating on the meaning of short term car insurance India
These are plans to insure your car for short durations or for a temporary period. Though regular car insurance plans are available for long tenure of maximum 5 years and minimum 1 year, the short plans are available for a maximum of few months and minimum few minutes depending on the plan and the exact requirement.
If your motor insurance requirement is of short tenure and you do not want to waste money on buying a long term policy, you can go ahead with buying these short plans for short durations. These plans, which are common among car owners in the West, are getting accepted in India too.
For people whose car insurance requirement is limited due to any specific reason or it is time bound, they are the ones who can take maximum benefit of these short term vehicle insurance policies. Also known as temporary car insurance policies, these short plans suit the purpose of people who do not need to secure their car for a long period due to some specific and strong reason such as;
In all the above cases, you can buy short term car insurance plans to suffice your particular short need as you do not require a year-long policy for these short time needs of a few days or months. Thus, it is better to go for the short-term 3 month car insurance plans in such cases.
Below is the information required to be submitted to the insurance provider for buying a short-term car insurance policy:
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Though short term car insurance plans serve definite purposes, their coverage is limited and is not as extensive like comprehensive car insurance plans. Here are some types of short – term car insurance policies;
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Here are some key benefits:
Below are the situations when you can buy a short term insurance plan
The meaning and uses of short-term car insurance plans is detailed above . However, it is important to do a proper short term car insurance comparisons before you actually buy a particular plan. This way you can make sure that the plan fulfills all your requirements and serves your purpose well.
These plans cover liabilities such as accidental damages, man-made disasters, natural calamities, injuries received by the one driving the car and so on.
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Further, by knowing about these plans in detail, you would be able to make good use of them and can avoid any financial liability that may arise while you are using a car for a short tenure. However, not all insurers offer such short-term plans. So, you might have to go through insurance providers to know who all are offering such plans in India.
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