Good Deal on Hybrid Insurance | Green Energy News

January 1, 2006 – Vol.10 No.41

A GOOD DEAL ON HYBRID INSURANCE.

Insurance companies have much to lose as the planet gets warmer. Flooded cars and homes. Destroyed businesses and industrial equipment. The list of potential claims is long.

So whatever insurance companies can do to slow global warming might help their financial future decades down the road.

But business is business and insurance companies are always looking for new opportunities and new customers. Customers that are seen as low risk - premiums taken in, but claims not made - are certainly the ones to look for.

Travelers Insurance will soon offer discounted car insurance to buyers of hybrid vehicles. Cheaper insurance could be another incentive to encourage drivers to buy vehicles that release substantially less planet-warming, climate-changing, greenhouse gas emissions. The 10-percent break now may help (in some small way) save the planet, and their business in the future.

But giving hybrid buyers a break may also be good business. As the company notes, the average hybrid driver is married, equally male or female, and between 41-60, all of which sounds like a pretty low risk group of people. And, that group is growing. Hybrid vehicle sales have at least doubled every year since the cars were first offered in the U.S.

For more about Travelers’ hybrid discount visit http://www.hybridtravelers.com/ (There’s little there. They clearly want to contact you personally.)