What is Driveaway Insurance?
Congratulations! You've just purchased a new van and you can’t wait to get on the road. But hold on a minute – that exciting feeling can quickly turn into stress if you realise you can't legally drive it home! Read on to find out what drive away insurance is and how to check you’re covered.
What is Driveaway Insurance?
Driveaway insurance is a type of temporary vehicle insurance specifically designed to bridge the gap between buying a vehicle and securing long-term insurance. Unlike traditional car or van insurance that lasts for a year, driveaway coverage typically lasts for a shorter period, ranging from a few hours to a few weeks. It provides you with the peace of mind of knowing you're legally insured while you shop around for a regular insurance policy that best suits your needs and budget.
Benefits of Driveaway Insurance:
Let's face it, buying a vehicle can be a whirlwind. Between finalising the purchase, negotiating the price, arranging financing, and dealing with all the paperwork, securing long-term insurance might not be at the forefront of your mind. Driveaway insurance offers several key benefits that can make this exciting yet overwhelming experience smoother:
Convenience:
Temporary cover can be obtained quickly and easily, often online or even through the dealership itself. No need to wait for quotes or wade through long applications. You can be on the road in no time, enjoying the thrill of your new van.
Peace of Mind:
The last thing you want on your exciting new van journey is the worry of being uninsured. Driveaway insurance provides immediate coverage, giving you the confidence to hit the road and focus on your new purchase. Let's face it, unexpected events can happen on the road. With driveaway insurance, you'll be covered in case of an accident, theft, or vandalism, ensuring a stress-free drive home.
Flexibility:
Finding the perfect long-term insurance policy takes time. You might want to compare quotes from different providers, consider various coverage options, and negotiate the best price. Driveaway insurance gives you the breathing room to do just that. You can take your time to find the coverage that best suits your driving habits and budget without the pressure of being uninsured.
When to Use Driveaway Insurance:
Driveaway insurance is a perfect solution for anyone purchasing a vehicle, whether from a reputable dealership or a private seller. It's ideal if you need to drive a newly acquired used van home for the first time.
Driveaway Insurance vs. Regular Insurance:
The key difference between driveaway insurance and regular van insurance lies in the coverage period and purpose. Driveaway insurance is designed for short-term use, typically lasting a few days to weeks, to get you from the point of purchase to your home. Regular van insurance, on the other hand, provides year-long coverage, ensuring your van is insured throughout the year. Additionally, driveaway insurance is typically comprehensive, meaning it covers your new van for damage caused by accidents, theft, fire, and vandalism. While you can choose comprehensive coverage with regular insurance, it's not always mandatory. Some drivers might opt for third-party only coverage, which is a more basic option that excludes damage to your own vehicle.
Drive away in your new van today
Driveaway insurance is a fantastic solution for getting your new van home safely and legally. It offers convenience, peace of mind, and the flexibility to find the perfect long-term insurance policy at your own pace. Here at Auto Capital, we understand the excitement of buying a new van. That's why we offer hassle-free driveaway insurance options to ensure a smooth and stress-free journey from the dealership to your driveway.
Our helpful and friendly team will be on hand to guide you through the set up process. Visit us today and drive away safely in your new van.