What is Drive-Away Insurance

Posted by

Have you heard of the term drive-away insurance but are unsure of its definition? Drive-away insurance is a typical type of coverage. In the first three months of 2023, almost 25% of our quotes were related to it.

What is Drive-Away Insurance

Furthermore, we cover all you need to know about drive-away insurance in this article, including what it is, when you might need it, and how to obtain it. Similar to every short-term auto insurance plan, our drive-away insurance choices are simple to comprehend and far faster and simpler to acquire.

What is Drive-Away Insurance

Having drive-away insurance is crucial when purchasing a vehicle. This particular kind of auto policy was developed to enable you to safely drive your new vehicle home from a dealership or the house of a private seller.

Additionally, it can even be applied to driving vacations. You don’t need an annual auto insurance policy to drive your new car home if you have temporary drive-away coverage. You may search for the best long-term insurance policy possibilities later, with more time on your hands, knowing that your automobile is covered.

Drive-away insurance typically lasts a few hours to a few weeks, so you have time to plan ahead and not rush into getting it. We can assist you in obtaining a drive-away policy for one, three, five, seven, or thirty days.

When Do You Need Drive-Away Insurance

Regardless of whether you are driving a brand-new automobile home or just borrowing one for the weekend, you must have insurance on every vehicle you operate. Upon first returning home with a new (or used) car, you will typically need drive-away insurance, also known as temporary auto insurance.

When purchasing a new car, whether from a dealership or a private seller, the thrill of the purchase can sometimes cause one to forget about the necessary insurance. Relying on your prior annual coverage does not guarantee you will be insured when you drive your new car home.

Requirements for Drive-Away Insurance

A temporary auto insurance policy must meet a few more requirements than a regular annual policy. To obtain drive-away insurance, you must:

  • Be 78 years of age or older.
  • Be a British expatriate who has previously resided in the UK, or be a permanent resident of the UK for at least 12 months.
  • Possess a full EU license or a provisional UK license.
  • I have not accrued more than seven license points in the previous three years.
  • I have not lost my driving privileges within the previous two years.
  • Have you received no more than two accusations of fault in the previous three years?
  • Possesses no criminal records and neither an ASBO nor a CBO.
  • I never had an insurer declare a prior policy null and invalid.

Additionally, there are a few other things to consider:

  • The value of your vehicle must be between £1,500 and £65,000.
  • Your vehicle must be roadworthy and have a current MOT.
  • Unless you are taxing your automobile using your drive-away insurance, you need to tax your car.

How Much Does Drive-Away Insurance Cost

For one-day coverage, drive-away insurance can begin at just £19 per day (subject to underwriting). However, there are a few variables that affect the price. When creating a quote for you, we’ll consider:

Length of time

The cost will vary depending on how long you need insurance. You will pay more the longer your coverage is.

Your car

The price will vary depending on the kind of car you choose to cover. To provide you with an accurate price, we must know the make and model of your vehicle. Insurance for more costly cars typically costs more.

Your history

The least expensive drive-away insurance will typically be found among drivers with spotless records.

We’ve made it simple for you to find out the precise cost of your insurance coverage. You’ll be able to see how little your temporary auto insurance coverage could cost after completing the quote form. If you’re good to go, then proceed to get drive-away auto insurance coverage from us by following the steps.

What Does Drive-Away Insurance Cover

Standard coverage for short-term drive-away auto insurance policies often includes complete, comprehensive coverage. Therefore, it implies:

  • Even if you cause an accident, you and the vehicle are protected.
  • You’re protected against personal injury lawsuits as well as any harm you might do to another person’s vehicle or property.
  • If the car is stolen or suffers fire damage, it is covered.

Drive-away coverage is a stand-alone policy that operates independently of any yearly auto policy you may currently own. Therefore, the no-claims discount (NCD) on your primary policy will not be impacted if you need to file a claim on your temporary policy.

What Does Drive-Away Insurance Not Cover

The specific policy restrictions vary based on the insurance company, so you should carefully review the policy documentation. Drive-away coverage typically excludes the following:

  • Additional drivers: the policy may list just one insurer.
  • Operating other vehicles: your policy only covers you to operate the vehicle that is listed on it.
  • Courtesy cars: the policy will not give you a substitute vehicle while yours is being fixed if your vehicle breaks down or is involved in an accident.
  • Damage or loss if the vehicle was left unattended with the engine running or the keys in the ignition.
  • Any value loss that occurs after a repair.

How Long Does Temporary Drive-Away Car Insurance Last?

The duration of drive-away insurance is shorter than that of regular annual policies. You can obtain insurance for anything from one hour to thirty days, depending on the length of your policy. The duration of drive-away insurance is shorter than that of regular annual policies.

Moreover, you can obtain insurance for anything from one hour Furthermore, all you have to do is wait for your policy documentation to arrive via email from us. After that, you are free to travel anywhere. thirty days, depending on the length of your policy. We can help in an emergency or if you love the car and need to buy it right away because you can schedule your coverage to begin in 15 minutes or less.