Standard car insurance policies are often considered to be limited to long-term yearly bonds. But what if you are looking for the necessary coverage for a short period? In such cases, a short-term car insurance 1-month plan comes to your rescue.
1-month car insurance is a convenient and flexible solution for your temporary car needs without the hassle of a long-term commitment to any insurance provider.
This blog will discuss one-month car insurance in detail, with detailed insights into the benefits of this temporary cover car insurance, tips to compare short-term car insurance and more.
What is 1-Month Car Insurance?
1-month car insurance, commonly known as temporary cover car insurance, is a type of short-term insurance policy that offers car owners/ drivers the necessary coverage for a limited period of only one month. In general, you can choose any duration between 1 - 365 days to customise coverage as needed.
Moreover, along with the required cover to protect your temporary car, short-term car insurance also ensures complete compliance with traffic rules and regulations, reducing the risk of penalties.
In India, the common types of car insurance include comprehensive, own-damage and
third-party car insurance. However, for one-time-use cars, investing in long-term plans like these is expensive and unnecessary.
Thus, for such short-term needs, a 1-month car insurance policy is the perfect solution.
When to Buy 1-Month Car Insurance Policy?
If you rent a car
If you borrow a car
If you have purchased a new car
If you plan to sell your existing car soon
If you are new to driving
If you drive your car occasionally
If you have a car for seasonal trips only
Benefits of Short-Term Car Insurance
Car Protection
A one-month car insurance or short-term car insurance policy provides complete protection against your own damages. Unforeseen circumstances such as accidents, natural calamities, thefts, and burglary are all included in this plan to protect your car during use.
Flexible Coverage
As opposed to traditional car insurance policies that offer specific coverage for a set period, short-term car insurance allows you to choose any duration for coverage. You can pick a duration as short as one day and one month to a maximum of 1 year. This flexibility of coverage makes it more convenient to protect your car during use.
No Long-Term Commitments
With these plans, you are obligated to buy and invest in long-term car insurance policies when your coverage requirements are limited to a specific duration only. You have complete freedom to choose the policy duration as required.
More Affordable
As opposed to long-term car insurance policies like a
comprehensive car insurance plan that requires monthly premiums in return for extensive coverage, short-term or temporary cover car insurance is only limited to a specific tenure of your choice, making it more cost-effective.
Quicker Claims
Given the flexibility of policy tenure and the fixed duration of only one month, you can avail of faster and more efficient claim settlements with your 1-month car insurance policy.
Necessary Peace of Mind
If your job takes you travelling all around the world or you are exploring a new destination with your friends and require a rental car, a one-month car insurance policy is the most appropriate way to insure your vehicle exclusively for when you use it for added peace of mind.
What Does One Month Car Insurance Cover?
Commonly, most insurers provide the option of own-damage short-term car insurance under which you can avail of a 1-month car insurance plan as per requirement. With our plan, the scope of coverage includes the following
Coverage |
Details |
Car Own Damage | Any loss or damage incurred by the insured car due to accidents, theft, burglary, etc. |
Fire or Explosions | Any loss or damage incurred by the insured car due to any fire-related accident or fire breakouts. |
Natural Disasters | Any loss or damage incurred by the insured car due to earthquakes, landslides, floods, cyclones, etc. |
Man-Made Disasters | Any loss or damage incurred by the insured car due to strikes, riots, or vandalism. |
How to Buy One Month Car Insurance?
Visit our Website
The first step is to visit for car insurance. From the main page, select “Explore Options” and click on “Car Insurance”.
Enter Necessary Details
On the next page, enter the vehicle registration number, your mobile number, and your email address.
Choose Short-Term Own-Damage Insurance Plan
A list of car insurance plans will appear on the screen. Select “Short-Term Own-Damage” car insurance option to proceed. Then, select the duration of coverage as “1-Month Car Insurance”.
Make the Payment
Review the policy terms, inclusions, and other necessary information before making the final payment using one of the available payment options.
Coverage Begins
Get your new 1-month car insurance policy at your registered email address.
How to Choose a 1-Month Car Insurance Plan?
Assess your Needs
The first thing you need to do is assess your requirements. You need to understand the kind of coverage you require, your budget constraints, and the reason behind purchasing a one-month car insurance policy. Based on this assessment, you will be able to decide the kind of policy that will best align with your needs.
Compare Short-Term Car Insurance
Once you have all the requirements in check, start comparing different one-month car insurance plans from different insurers instead of buying the first one you see. This will help you compare car insurance for a 1-month price range from multiple insurers to select the most appropriate one.
Review Insurers
Once you have the policy selection in place, you must review any insurer’s offerings before making the final payment. For this, you need to check their claim settlement ratios, convenience of customer support, policyholder reviews and testimonials, and market image to ensure you select an insurer that delivers the best customer satisfaction.
Check for Convenient Processes
Along with insurer reviews, check for the convenience of services available with the insurance provider. Review their policy purchase or renewal processes or the process to file and track a claim for complete transparency. This will help in better decision-making.
Review Policy Inclusions and Terms
Another thing to keep in mind when choosing a 1-month car insurance plan is to read the policy terms, conditions, inclusions and exclusions. Reading these fine prints is necessary to understand the scope of coverage and restrictions or clauses, if any.
Conclusion
1-month car insurance is the most effective solution for your temporary driving requirements, as it offers flexible coverage without the hassle of long-term commitments.
Whether you are looking for a cheap 1-month car insurance plan or a car insurance cover for a short trip, comparing different plans is crucial to finding the best fit for your requirements and budget.
Reliance General Insurance offers a wide range of car insurance plans to cater to the varying needs of vehicle owners and drivers. From long-term plans like a third-party, own-damage, commercial car, or comprehensive to short-term temporary cover car insurance, our plans are designed to offer maximum protection as per needs.
Frequently Asked Questions
Does short-term car insurance also include third-party liabilities?
No, all short-term car insurance plans only cover own-damage, and thus, third-party liabilities are not included in the plan. If you are looking for a third-party car insurance policy, you can purchase it for your long-term needs.
Are there any add-ons available with 1-month car insurance plans?
Yes, similar to the add-ons available for own-damage car insurance plans for long-term use, you can also combine some add-ons with your short-term car insurance plans based on specific needs. However, it is important to note that every add-on will be an additional cost.
Are there any eligibility criteria for a short-term car insurance plan?
The eligibility for short-term plans remains the same as long-term car insurance. The list includes the following -
You must be 18 years or older
You must have a valid permanent driving licence
Your chosen vehicle must have a valid registration certificate