Can Daily Car Insurance Save You Money? What kind of business offers guaranteed motor finance to a unknown person from the street? Perhaps a lender that is trying to lure individuals with bad credit into taking loans for cars they wish to buy or a car dealer which is trying to exchange an old car owned by temporary car insurance uk a person for a new one which has a promise to finance any extra money that is required. In either of these cases the lending company or perhaps the dealer makes that money they desire while people get a car of these choice. There are two forms of daily auto insurance policy- one for individuals who want auto insurance for a short period of time even though the other in case you require automobile insurance for a long period of your time. There is also an option for sale in that your insured can get bonus if she has no claims for any specified period. Before getting a vehicle insurance policy one should go through the quotes and policies of varied companies and discover the car coverage policy that matches him the most effective. This daily vehicle insurance plans are ideal for short-term auto insurance needs. People that flock to such dealers or financers usually realize that they can not get this offer from any with the local banks or financing institutions. They are also aware about the high rate of interest theyll be motivated to buy the finance and that additional charges will be imposed around the account in the case of defaults. However still having hardly any other options or offers that appear to be too good to be true, they fall under a trap, well orchestrated by lenders and car dealers. There are times when someone should borrow your car or van. Perhaps you are temporarily can not drive, or you have family going to visit from on vacation and they will have to have a vehicle to operate a vehicle. This is a perfect time to get motor insurance for a day. Your vehicle might be properly covered in the event of a major accident. Increasingly however drivers take presctiption the road genuinely believing they may be insured to operate a vehicle but are not covered. This can happen every time a person includes a policy set up but is driving another vehicle. It may be an associate or relatives car, you might be doing them a favour or borrowing the automobile for your use.