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One Day Auto Insurance – The Most Convenient Insurance Coverage for Driving a Borrowed Car

The auto insurance industry is becoming increasingly competitive. Until a few years ago, we had never heard of term auto insurance or short-term auto insurance. A car on the road was supposed to be insured by the car owner and there were no insurance related issues for the person who rented a car or borrowed a car from a friend. But with the coming fierce competition in the industry, insurance companies are offering short term and temporary auto insurance facilities for the car user. Insurance is now moving from being an owner’s prerogative to being a driver’s prerogative. So much so, that if you plan to rent a car from a car rental company or use a friend’s car for a day, you can also take out a one-day auto insurance policy.

How is an overnight auto insurance policy different from regular annual insurance coverage? First of all, insurance is one of the main facilities available to those who need a vehicle to be on the road for a day. This saves worrying about accidents and compensation. While it is necessary to make sure that the car is mechanically sound in order to avoid accidents, it must be remembered that most accidents happen due to the person driving the car and not the physical condition of the vehicle. Laws require that any vehicle on the road must be covered by insurance. This is taken care of by the short-term or temporary auto insurance coverages that are available.

The most important advantage of short-term auto insurance is for the insurance company. Unlike the normal insurance policy, a one-day car insurance coverage is more expensive. These types of insurance are expensive because in the event of a serious accident, the loss is borne by the insurance company. Also, people who take rental cars or from a friend prefer if the car is already covered by an insurance policy to save themselves the exorbitant costs.

One day auto insurance quotes are also available online. All the person who intends to take such a cover needs to do is click on the available quotes from one of the leading insurance companies and fill in the details. Cash quotes are generally given. It is possible to compare the quotes and then select the best insurance quote that fits the budget.

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