Thursday 1 September 2011

Green Car Insurance

Given the predictions by industry experts that fuel prices will continue to increase, a growing number of motorists are looking for more fuel efficient vehicles.
However, owners of fuel efficient vehicles won't just make savings on their annual fuel, as they could also benefit from cheaper car insurance deals.

Get cheaper car insurance deals

Research by moneysupermarket.com suggests that some car insurance companies will offer discounts to owners of certain environmental friendly vehicles of somewhere up to 5%. This is a significant amount when you consider that the average motorist is now paying £791 per year for their car insurance alone. It all adds up, especially when fuel and tax savings for green car owners are also taken into account.

Green car options

It is a misconception that all green cars are impractical and expensive to buy. Car manufacturers are increasing their range of fuel efficient options in response to consumer demand for such vehicles and increasingly stringent EU regulations. This means that there are now both petrol and diesel green car options available, with the diesel option being the most common.
Hybrid vehicles are another option you might consider, where you have an electric engine running alongside the conventional petrol/diesel motor. This has obvious fuel saving qualities in that the electric motor will run at certain points during a journey, meaning that the conventional engine will not be used at all times.
Of course, there are more stereotypical green cars available which are powered by electric motors. These are set to become more prevalent in the coming years, with a significant number of car manufacturers announcing their intention to produce more electric vehicles in the next five years.
Regardless of the type of environmental car you have opted for, moneysupermarket.com aims to find the right green car insurance policy for you.

Non-financial green car insurance benefits

Motorists opting for green car insurance don't just stand to benefit from cost savings, as there are a number of green car insurance company's who simply offer to offset the pollution caused by your motorised travel with schemes such as tree planting or other environmental charity causes.
Many of these insurers will not offer the same cost savings as other companies, but this could be something that you are interested in. You don't even have to own an environmental car in order to take advantage of such deals, allowing you to be environmentally conscious without altering your driving routine or the car you drive. 

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