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Press Release

BUDGET Launches Short-Term Motor Insurance

Ideal for moving house, overseas visitors, students and test-drives Protects no-claims bonus

Immediate release: 21 January 2008

Leading motor insurance brand BUDGET has launched a new product, targeting the need for short-term motor insurance. BUDGET short-term insurance provides instant cover online and by phone, from as little as £6 per day*.

Customers looking for temporary cover - whether for a single day or up to four weeks - can purchase policies online at www.budgetinsurance.com, via links from BUDGET's car and van insurance websites or by telephone (0844 871 2391).

  • Short-term car insurance is ideal when:
  • Buying a car or van to drive away immediately
  • Test-driving
  • Borrowing a vehicle from a friend
  • Lending a vehicle to overseas visitors
  • Students borrow their parents’ car during term holidays

Temporary cover also offers reassurance to the vehicle owner, as their no-claims bonus is not at risk. In the event of an accident, an accident involving a driver added temporarily to the owner's policy could affect their no-claims discount. But  if that driver took out a temporary policy, the owner's no-claims discount would be unaffected.

Matthew Gledhill, Managing Director of BUDGET Insurance, said: "Many people at various times have needed a short term policy, whether borrowing a friend’s van to move house, or test-driving a car. But traditionally this kind of cover has been difficult to find when you need it. BUDGET listens to its customers and as a result we’re making the process simple and effective, at a competitive price."