Car insurance policies can last anywhere from one day to one year, so you have plenty of options to meet your needs. This is the option most customers choose, and many use our Autoplan payment plan to spread the cost over a year. Our payment plan allows you to choose between monthly and quarterly payments for one-year policies. Fix problems with Microsoft SharePoint Foundation.
Some auto insurance providers in Ontario offer six-month coverage, but they're few and far between. In theory, you could opt for a 12-month policy and then cancel it before the agreement ends, but cancellation fees are expensive. While you can request quotes for the coverage you want from individual insurance companies, it may be easier to work with an insurance broker who can get quotes from several insurers, which you can compare to help you choose the policy that best fits your needs and budget. Like regular insurance, the cost of term insurance varies depending on your driving needs, type of car, driving history, and other factors.
Keep in mind that not all provinces offer temporary car insurance, so it's best to check with your insurance company to make sure it's available. This insurance is different from personal temporary car insurance, since you only rent insurance from the rental company's group policy, rather than taking out your own. However, if you work with an insurance broker, they can renew your ICBC and private insurance policies at the same time. The province's Autoplan insurance scheme is administered by the British Columbia Insurance Corporation (ICBC), a provincial Crown corporation created in 1973 to sell insurance policies through its own network of brokers.
If you're thinking about buying a new vehicle, you can get an insurance estimate using the ICBC online tool, but only if you already have an Autoplan insurance policy. But what if you don't have a personal insurance policy or insurance through your credit card? If this is the case, it's important that you pay for coverage through the rental company. Single-day car insurance is available through the ICBC's temporary operating permit (TOP) program, which allows you to purchase coverage for up to 15 days if you need to move a car from one place to another or if you're testing a vehicle you want to buy.