In the market there is an infinity of insurances that adapt, better or worse, to our needs. Undoubtedly, among such a large number of insurance policies, it is sometimes difficult to choose the one that best suits our needs. Next, we will detail what is the daily insurance and when it is convenient to contract this type of insurance.
What is a per diem insurance?
We start from the assumption that it is mandatory to have insurance for any vehicle registered in Spain. A very common type of insurance is the daily insurance, a temporary insurance that allows to contract an insurance policy for a period of time of less than 1 year. This type of insurance offers civil liability coverage for special situations, such is the case of vehicle displacements, for which it is necessary to have insurance, or to be able to pass the ITV when the insurance of our car has expired.
In which cases is it convenient?
Without a doubt, a per diem insurance is indicated for certain special occasions when it is necessary to have insurance for a specific situation. The most common situations in which it is convenient to take out a daily insurance policy are the following:
- Passing the ITV of the car when the insurance has expired.
- To be able to use a car sporadically or for a specific moment: it is very common to contract this type of policy for agricultural vehicles, since they are only used a few days a year. Also for those vehicles that we leave at the vacation apartment and that we only use one month or a few weeks a year.
- In the form of provisional insurance in order to, later on, be able to contract the definitive insurance of our car for the first time.
- To be able to take the car out of the tank.
- To be able to sell those cars that do not have annual insurance.
- To be able to circulate with a classic or exhibition vehicle with which we do not usually circulate.
Advantages and disadvantages
Taking into account that car insurances usually have a duration of one year and that it is not possible to cancel or cancel our policy without losing the premium already paid, per day insurances are tremendously advantageous for those vehicles that are used for a limited period of time. Thus, you will not have to take out car insurance for a whole year when you are only going to use the vehicle for a few days or weeks. In addition, they are quick and easy to purchase, and can be purchased through the Internet.
However, it should be taken into account that this type of insurance is, in the long run, more expensive than conventional car insurance, so if we need to take out daily insurance several times a year, we may have to do the math, because it is likely to be cheaper to take out annual car insurance.
Typical conditions
The daily insurance, being a temporary policy that is used for special situations, includes only the basic coverage that will allow us to circulate with our vehicle, as well as the mandatory civil liability coverage. In addition, this type of insurance normally allows complementing this basic compulsory coverage with voluntary civil liability coverage.
In addition, this type of policy usually includes legal defense and advice, health care and travel assistance.
Who can hire you?
The requirements for taking out a daily insurance policy are very simple. Thus, people with at least one year of driving experience (that is, those who have passed their driving license at least one year ago) and who are 21 years of age or older may take out this insurance.
Undoubtedly, this type of insurance is the most suitable for certain situations. We will save a lot of paperwork and some euros and we will be able to drive that car that we only use in summer.