Car Insurance is a necessary investment for all those drivers who go out on the roads with their car and to keep them safe and financially strong during accidents and mishap, the government and the law of state in several countries have made auto insurance mandatory. A few countries are very strict as if caught without a car insurance policy, one’s driving license can be confiscated.
Depending on the requirement of the driver, there are insurance policies available. It ranges from short term auto insurance policies to long term auto insurance policies which a person opts for according to their needs. There are times when there are people who are in need of an auto insurance policy that last for a year. There may be several reasons for a person to purchase an auto insurance policy for a year.
The reasons can be that they are selling of their car in a year’s time, they are shifting base permanently to another country, planning to purchase a new auto insurance policy which can give them good benefits after a year etc. There are insurance companies that provide car insurance with 12 monthly payments and no deposit. This can possibly be because the policy holder cannot pay up a hefty amount as initial deposit. To adjust accordingly, the insurance companies charge high premium rates.
The car insurance companies with 12 month policies ask for certain documentation from their customers before handing them the car insurance policy chosen and finalized. Documents such as proof of driving license, credit score, driving records, age and address, make and model of the car and the date of commencement of the policy are to be submitted in order to verify the genuineness of the policy seeker.
Apart from that, one can also seek for daily car insurance policy for 17 year old who do not have a driving license but is learning to drive. Daily car insurance for 19 year olds is also available as they are by then eligible to hold a driving license and thus to protect them daily or as and when they intend to bring their cars on the roads. For further information on auto insurance companies with 12 month policies, one can log on to monthtomonthcarinsurance.com.