The ‘ Monthly car insurance is an opportunity for all those who need to ensure your vehicle for a short period. But pay attention to the details.
The ‘ IVF Monthly car insurance is that you can make for a very limited time, 30 days, providing huge savings for those who alternatively would face annual insurance. However, there may be clauses that significantly reduce the benefits.
What is monthly car insurance and how does it work
L ‘ RC monthly car is a particular insurance product that guarantees insurance coverage for one month if the policyholder needs it only temporarily.
The price paid is certainly reduced compared to normal annual insurance, especially if the coverage is not needed for more than 30 days.
The premium, however, does not correspond precisely to one-twelfth of what you would pay for the annual car liability, but it is always a proportionally higher amount, so you should make the necessary assessments.
Therefore, if not strictly necessary, the price may not be affordable.
The policy, then, could have other disadvantages, such as particular stringent clauses on the functioning of the coverage which, if not respected, can lead to unexpected financial outlays for the insured person, due to onerous deductibles in the phase of compensation by the company on its customer.
The ‘ temporary insurance may have even shorter durations or higher per month, for a discussion see article temporary car insurance and mileage: What to Know
Is monthly car insurance worthwhile?
The convenience of the monthly RCA, given the limits of this product, is linked to the actual need for coverage for very short periods.
The classic example is the expired annual policy and the prospect of selling your car very soon. If you already know that you will resell it within a month, choosing the monthly policy can be a great idea to avoid wasting your money.
If, on the other hand, you do not have clear ideas about the timing, our advice is to evaluate the annual policies that allow you to use the suspension tool. That is the possibility of deactivating the coverage for periods in which the vehicle is not used and reactivating it at a later time.
If, on the other hand, your need is to pay the insurance monthly because you want to eliminate the payment in a single annual solution, read our article.