Now I don't want you to think for one single moment that I approve of uninsured drivers on our roads. The not only are a danger to our pockets, but it is undeniable that a far higher proportion of those who have not bothered to buy an insurance policy and good, hard-working, insured drivers have accidents. Furthermore, these accidents tend to be far more horrific than the average bump! It has been calculated that if every person on the road had in fact taken out car insurance, the cost of a policy to all the rest of us could fall by around £40.

And, a fall in the cost of insurance prices would be something completely novel! The trend has been upwards ever since insurance was first invented, and the increase in costs over the last 12 months have reached record rates. It is not surprising that temporary car insurance (see here)has become such a popular commodity.

There was a time when the only people who bought temporary policies with those who either were extremely desperate, or extremely wealthy, because the cost of them was quite horrific. This is not terribly surprising when you realise how insurance was bought in those days; nearly every policy had to go through a broker, and the brokers had to pay for their very nice offices, their company cars, secretaries, office parties, and all the other costs that the accountants could justify! Many people who bought insurance were under the deluded impression that the brokers picked up only a small fee from the insurance companies in exchange for sending them the business, whereas in fact their charges could reach 30% or even 40% of the total premium. It was hardly surprising therefore that when it first became possible to buy car insurance by telephone, thus cutting out the cost of the middleman, this was an instant success.

Scarcely anyone buys insurance by telephone now, because the market has switched to the Internet which is not only brought even greater savings but is also made it possible to sell products such as temporary insurance at prices which could not have been imagined only a few years ago. This is because the whole system is now automated, and it is possible to go straight from obtaining an online quotation to actually purchasing the policy in just a few minutes, and at a very reasonable cost.

Temporary car insurance is mainly purchased by people who need to borrow a car for purposes such as holidaying, conveying goods, or taking a larger number of passengers on a journey that would fit in the usual family car; or by those who wish to lend their car to friends, relatives or neighbours. It is possible to buy policy which is either third-party fully comprehensive, and optional extras include cover for travelling throughout Europe and breakdown assistance. Whereas it is usually necessary to hold a full UK driving licence, EU licences are accepted by most companies and the number even accept Australian or New Zealand ones too.

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