Hybrid Car Insurance Discount - May 30, 2008
With gas prices constantly rising, hybrid cars have become feasible alternatives to automobiles that run on regular fuels. Hybrids have been shown to have a higher fuel efficiency because of the electric motor, hence greater gas mileage. While mileage varies from one car model to another, hybrids get more miles per gallon compared to other vehicles in the same range. The best incentive is perhaps the auto insurance discount. Some companies offer up to 10% less on auto insurance premiums for a leased or purchased hybrid. Travelers auto insurance gives this 10% discount, as well as other discounts and credits in most of the states. Policyholders can get additional savings by signing up for homeowners insurance with Travelers as well.
Image by Nam Nguyen