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Are Hybrid Cars Cheaper To Insure?
Do Insurance Companies Like Hybrid Cars?
I am sure that we have all considered buying a hybrid car so we can save money on gas, and of course, help save the environment. Some eco friendly cars may also qualify for tax breaks. But not many people have considered another advantage to buying a “green” car, and that is the possibility of a car insurance discount!
Why Do Car Insurers Offer Green Car Discounts as High as 10%?
Insurance company research demonstrates that the sort of people who purchase hybrid cars tend to fall into a preferred category of people. In the same way, insurers believe that people with poor credit tend to be higher risks to insure.
Sure, a large part of the underwriting that insurers do is based upon an actual past driving history. But apparently, the past does not always predict the future. Car insurance companies believe that some other habits that drivers have match up to their risk to insure.
Are You Looking For Lower Rate Car Insurance? We make it easy to compare auto insurance quotes for the type of car you drive, and the type of driver you are
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Comments
Its such a shame to see many young youth lose their lives in car accidents , due to impaired driving. Enstilling strict laws seems to be ineffective sometimes in these days. It is good though, that driver training programs focus on the consequences if drinking and driving.
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