The Benefits of Short Term Car Insurance for Businesses
Jan 23, 2018 13:36
It is important for businesses to constantly look for ways to save money - the less you spend the greater your revenue. There are many different ways that a company could do this and these depend on your expenditures, but one way which the majority could save is by addressing their auto insurance. The majority of businesses will arrange annual insurance for their employees to use company cars, but this is not always the best solution.
Short Term Cover
Unless the employee uses the company car on a daily basis, you might want to consider using short term car insurance. Temp car insurance can be arranged for as little as one day through to one month and this makes it much more affordable and flexible than an annual policy. If your employees are using company vehicles irregularly then this could be a great way to save money whilst also ensuring that they are covered adequately.
In business, short term car insurance is helpful in many situations. Many believe that an annual policy that covers commuting will allow business trips, but this is not the case and you will need separate cover for this. Therefore, if you need to visit a client or attend training, it is wise to use temporary car insurance for the trip.
Fast Cover & NCD
Short term car insurance is also ideal if you have an employee that requires use of your vehicle for one reason or another. Instead of adding them to your annual policy, which can be a lengthy and difficult process, it is much quicker and easier to arrange temporary cover. In most cases, temporary cover can be arranged within 15 minutes provided the acceptance criteria is met. Another benefit of this is that short-term policies are standalone and will not interfere with any No Claims Discount (NCD) if a claim were to be made.
There is also flexibility when it comes to the vehicles to be insured too. This is handy for businesses with large fleets as employees can use different vehicles throughout the week without worrying about being uninsured. The dates are also flexible with the ability to arrange different days or weeks on different cars.
Short term can insurance is a great option for businesses because it can save money on annual insurance policies whilst still providing adequate cover for your employees. It is also incredibly flexible and quick to arrange, which is well-suited to the demanding needs of a modern business.
Everyday more than 225,000 people in New York City ride the ‘L’ subway train from Brooklyn to Manhattan, according to the Metropolitan Transit Authority (MTA). But come next April, these commuters will be faced with getting back and forth to work from without this lifeline. And it’s going to last (gasp!) for about 15 months! Read more
If you’ve been in a car accident in Atlanta, Georgia, there is a series of things that you MUST do following the incident. These things include exchanging insurance information, photographing damage, filing a police report, and potentially contacting a car accident lawyer in Atlanta. During this time though, there are things that you should not do. These can be hard to remember in such a stressful situation. Read more below about things that you should not do following a car accident. Read more
Car disposal is a good option for those who have old and beat up vehicles that are nothing more than a huge piece of junk. Although this junk car may seem completely worthless to you but you can turn this beat up car to your profit and you can even earn cash for junk cars by various ways. In this article we will discuss about vari-ous ways in which you can dispose your vehicle and make some profit on the side. There are various method in which you can dis-pose your vehicle that is no longer roadworthy. Let us take a look at the junk car disposal methods. Read more