Insurance is not cheap, but it is essential to have insurance for anyone who drives. Monthly car insurance can work out to be quite expensive if you are continually renewing your insurance month by month. However there are times when you do need temporary car insurance and if that is the case there are some things you can do to try to lower the rates. One of the first misconceptions you may have to come to terms with is that older cars pay cheaper rates. In fact in some situations the opposite is true, the older the car the more expensive the insurance becomes because it is more likely to break down or be involved in an accident.
One of the best places to compare different insurance rates is online. It is important to compare different quotes and not just go with the first one you are offered, as there is sometimes up to a 20% difference in rates for the same insurance coverage. It is fairly simple to get a quote on line, just make sure you have all the information you will be likely to be asked on hand. Basically all you do is enter different data into a website rate finder. The website takes all the information you enter and gives back quotes from different insurance companies.
The reason some people prefer to make monthly insurance payments and renew their policy month by month is because it allows them to switch to a different policy very easily without needing to wait out a full year. On the other hand those who buy into a full year policy are stuck with that policy for the entire year. So in other words some people feel that being able to pay monthly payments gives them a lot more flexibility when it comes to their vehicle insurance. Short term auto insurance is also great for people who only drive for a certain amount of time per year, or who are borrowing somebody else’s vehicle.