Many automakers are doing their part to help the environment by manufacturing hybrid vehicles. The increase in hybrid vehicles gives you many more options when looking for the right car. Most hybrids are petroleum electric hybrid vehicles, which use diesel or gasoline in addition to electric batteries. There are also many hybrids that rely completely on electricity that need to be charged in order to run.
If you choose to buy a hybrid vehicle, no matter what your reasons, it is important to make sure that you have the right amount of hybrid car insurance. Make sure to consider these pros and cons of hybrid car insurance policies when looking for the right coverage.
- The pros – one of the biggest advantages of insuring a hybrid vehicle is the discounts. Many insurance companies will offer up to a 10 percent discount since hybrid owners tend to be more responsible, mature drivers who are less likely to get in a car accident. Studies show that hybrid owners are typically married men and women who are between 41 and 60 years of age and are responsible. With these statistics, many hybrid drivers are considered part of the “preferred insurance category,†which qualifies them for lower rates.
- The cons – while most hybrid drivers qualify for discounts, it does not mean that all hybrid drivers do. When deciding on the cost of your auto insurance, insurance companies take many different factors into consideration, such as your driving record, experience on the road, and your loyalty to the insurance company. The more loyal you are, the more likely you are to qualify for discounts.
For all of your auto insurance needs throughout Northern California,Â
contact the insurance professionals at Cook, Disharoon & Greathouse in Oakland, California. We will work with you to ensure that you get the right amount of coverage for your hybrid vehicle, all at the right price to fit your budget.
