24 hour car insurance is a type of short term insurance coverage that typically lasts for only a single day. While the largest car insurance companies generally do not sell 24 hour coverage, in some instances, your existing policy may offer protection in the scenarios where 24-hr insurance may be needed. However, if you plan to get temporary insurance for one day, we still recommend you shop around for 24-hour auto insurance quotes to find cheap rates and good coverage.
Below, we’ll explain everything you need to know about 24 hour insurance, including the amount of coverage you can buy, the benefits of this type of policy, when you may need to get protection for a day, and who is eligible. Our goal is to help you find good coverage at the cheapest premiums with a reputable provider!
What Is 24 Hour Car Insurance?
Simply put, 24-hour car insurance is temporary, short-term coverage that provides you with certain levels of protection for one day, week, or month. It is typically far more affordable than your average 6 or 12 month auto insurance policy, but it supplies you with much the same coverage.
Though it is not a good idea to purchase this type of insurance for every situation, it can bridge gaps between coverage or help you stay insured during short-term changes in your driving habits.
For example, cheap one-day car insurance for new drivers may be the best way to cover yourself when buying a new car or finally getting licensed as an adult. Short term insurance will allow you the time to shop around and compare quotes, coverage, and companies before choosing a policy.
Amount of Coverage You Can Buy
Not all insurance carriers offer this sort of coverage, but providers who do sell it provide drivers with options for getting just the right amount of protection they want or need. Typically, 24-hour insurance companies allow you to purchase liability only or full coverage, which includes comprehensive and collision insurance.
The benefit of full coverage is that it pays for your own injuries and auto repairs, even in the event of an at-fault accident, and also covers damage from weather, theft, and vandalism. However, like traditional car insurance, short-term policy premiums will depend on your age, gender, driving history, the make and model of the car getting insured, the amount of coverage you buy, and other risk rating factors.
Benefits of Car Insurance For 24 Hours
Perhaps the biggest benefit associated with purchasing 24-hour car insurance is the fact that you can get covered immediately – as soon as you make your payment. This way, if you want to borrow, rent, or even buy a car but don’t currently have insurance coverage, you can drive home without breaking the law or risking a collision that would leave you financially responsible for damages and injuries.
It also helps that there are plenty of options for cheap 24 hour car insurance. While the cost of coverage is different by state, company and driver, rates can be as low as $10 per day. While a regular insurance policy is much cheaper in the long-term, this is a good price on temporary coverage for one day.
Why Would You Need 24 Hour Insurance?
You may choose to buy a 24-hour car insurance policy for several reasons. The most common include:
- Buying A New Car – If you do not currently have auto insurance but you are buying a new car, 24-hour insurance can provide you with the coverage you need to drive your new vehicle off the lot safely and legally while you shop around for the best rates.
- Renting A Car – If you plan to rent a car but your current insurance company and policy doesn’t cover rental cars, then you may need to buy temporary car insurance. Many rental companies will allow you to purchase this insurance directly through them at the time of your rental, but you may find that buying your own short-term policy comes with much lower rates. Not all auto rental companies allow this, so be sure that you check with them before buying a temporary policy.
- Borrowing A Car – Most of the time, when you borrow someone else’s car, their auto insurance policy will cover you to drive it – even though your name is not on their policy – as long as you do not live in the same household. Many people who borrow cars still prefer to take out on day or weekly car insurance for extra peace of mind. What’s more, some insurance policies specifically exclude other drivers, and in this case, you would need to purchase one-day auto insurance to protect yourself and cover the car you are driving.
Who Can Get 24 Hour Auto Insurance?
Although most drivers can get temporary coverage without issues, 24-hour insurance is only available to drivers who are 21 years of age and older. In fact, there are many insurance companies who won’t even sell a 24-hour policy, or any type of short-term insurance, to drivers under the age of 25.
One reason is that, unlike other types of insurance, companies do not factor in your driving record when it comes to determining your premium. If you are a high-risk driver, you may not be eligible for short-term insurance at all. For this reason, it is critical that drivers always shop around to get the best and cheapest one-day car insurance coverage.
Compare Car Insurance Quotes
If you’re searching for 24-hour car insurance for new drivers to buy you some time before you get a traditional insurance policy with a provider, we can help! Just enter your zip code to compare insurance quotes from the top companies in your area. With instant online quotes, consumers can comparison shop to find the best coverage at the cheapest rates, resulting in huge savings!