COVID-19 drives demand for short-term motor insurance

Jaunt, BGL Group’s short-term insurance brand, has reported a 60% upturn in customer numbers since January.

The firm said the surge was driven by the impact of COVID-19, which highlighted the need for a more flexible alternative to annual car insurance cover.

In recent months it said driving habits had changed dramatically and motorists were turning to short-term insurance to cover essential journeys to work, as well as trips to help others collect food and medicine.

Jessica Cordery, associate director for marketing at Jaunt, said: “The COVID-19 outbreak catapulted demand from motorists for a more flexible product structure to their insurance.”

Cordery said she expected the rise in demand to continue into the future.

She added: “We are now experiencing a cultural shift, with many drivers choosing to borrow vehicles, rather than own them. This flexibility encourages a whole host of benefits – from cost savings to environmental accountability and in the current climate, we don’t expect this move to change any time soon.”

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