‘Going Green’ has many advantages and benefits, not only for the environment and our health, but it can also save you money on your auto insurance and at the pump.
The best way to cut down on emissions, fuel costs, and your insurance premium is to simply drive less. Low mileage can score you what they call “pleasure driver” discounts. Those that qualify can expect to save 10-15% off your auto insurance premium, says the Consumer Federation.
How Can You Reduce Your Mileage? It’s simple. The most popular way to lower your car usage is to carpool. This provides the best flexibility, and is best for those not fully comfortable with public transportation. However, taking the bus, train, or subway is the best to reduce your impact on the environment.
If you manage to significantly reduce your car usage you may want to consider a pay-as-you-go auto insurance policy. The auto insurance company will track your mileage and only charge you for what you drive. Pay-As-You-Go auto insurance coverage is not available in all states as of yet, but it is catching on. Find out if you qualify for this special pricing scheme.
Driving a hybrid also qualifies you for a discount with many auto insurance providers. Hybrids use a combination of fuel and electrical energy sources to power themselves, so you’ll already by saving a lot of money on gas. Driving a hybrid, ethanol, flexfuel, biodiesel, or other alternative energy vehicles can net you up to 10% of your premium!
If you can’t afford a hybrid (they are a bit more expensive than traditional vehicles), you can always get a fuel efficient car. They aren’t big, often times they aren’t luxurious, but they are affordable. After all, most people shouldn’t be buying big, luxurious, cars in the current economic state anyway. You will also be reducing your carbon imprint.
These are all in addition to all the environmental benefits of going green. Not only will you be putting less emissions into the air, but you’ll be consuming far less gasoline. This of course will save you a ton of money at the pump.
The current focus on clean energy is likely to produce many more financial benefits for those that want to go green and help save the environment.
No comments:
Post a Comment