You know the feeling: the notification that your car insurance is up for annual renewal comes through and you can just see the money draining from your account. But, what are your options and could you avoid forking out for a whole year’s cover again?
Renewing your policy
Insurance is a legal requirement so, if you want to continue to drive your own motor, you’ve got to be insured. A lot of the time, insurance providers have an ‘auto-renewal’ process. Unless you tell them, the provider will take it upon themselves to renew your policy for you.
However, be sure to check any changes in the cost and be aware that you could get a cheaper price with other providers if you shop about a bit. Renewing, then, could be a good option if you plan on continuing to use your motor regularly.
Cancelling your policy
However, if you don’t think you’re going to be using your car as often next year and that an annual policy just isn’t worth it, you could cancel your policy. Most of the time, it won’t cost any of your hard-earned cash to cancel, as long as you do it before the renewal date.
If you do take this option, then you will need to make a SORN (Statutory Off Road Notification) basically declaring that your vehicle is now off-road and cannot be driven.
Short-Term Insurance
Okay, so you’ve decided you don’t want to go for an annual policy and have made a SORN. But this doesn’t necessarily mean you have to be without the freedom of the road. With Jaunt’s short-term car insurance, you can still get around, exactly when you need to.
With a Jaunt policy, you could get insured on a mate’s or family member’s motor for any time you decide, between 1 hour and 30 days. Short-term insurance gives you the flexibility to get on the road for those epic road trips or house moves, exactly when you need it, so you don’t have to commit to that year-long policy. You could get an instant quote and have your cover sorted in 15 minutes.
Even if you were to have an accident, it wouldn’t affect the vehicle owner’s no claims discount. Although, the driver will need to notify their insurer of the claim and that could affect their premium in the future.
Check out our short-term car insurance guide for more info.
