Hybrid Car Insurance November 1, 2008
Posted by admin in : Car Insurance Articles , add a commentHybrid Car Insurance: What’s up with it!
Author: Francine Gielis
Article:
Hybrid Car Insurance: What’s up with it!
Buying a Hybrid Car is in! You are thinking about Going Green,
and doing your part for the environment. At the same time you
hope to save money on gas. Even if you are just mulling about
the idea of buying a hybrid car, it pays to find out as much as
possible about the cost of owning an environmentally friendly,
and fuel efficient hybrid car. You need to find out the cost of
repairs and the cost of insurance before you buy.
Sales of Hybrid Cars continue to rise and the Toyota Prius
Hybrid Car just recently surpassed a million cars sold
worldwide. The top 5 Hybrid car models searched for on the
internet are The Toyota Prius 5 door, The Honda Civic Hybrid 2
door, the Toyota Camry Hybrid 4 door, the Ford Escape Hybrid 4
door and the Honda Insight 2 door.
When the hybrid cars first came on the market, logic dictated
that repair costs would be higher because of the advanced
technology. Cost of repair might decrease as more hybrid cars
enter the market, but the fact remains that if a Hybrid SUV and
a gasoline powered SUV need the same repairs, the cost of
repairing the Hybrid SUV will be higher. In a similar accident
both cars would require similar repairs to the body and the
gasoline powered engines, but the Hybrid Car version might need
extra work to have the hybrid specific components repaired.
As more and more Hybrid Cars are sold, statistics about the
driving habits of Hybrid Car owners become more dependable.
Insurance companies will pay close attention to accident rates
for hybrid versus non hybrid vehicles to see whether hybrid car
drivers are safer drivers than non hybrid car drivers. A
preliminary research in California shows this to be the case.
For now however, insurance for a Hybrid Car will cost you more
than insurance for the same non-hybrid version of that car. It
pays to find out your insurance rates in advance of buying your
Hybrid Car.
You need to find out the cost of repairs and the cost of
insurance before you buy.
About the author:
Francine Gielis immigrated to Canada in 1971. She has been an
employer, an employee, an importer, exporter, entrepreneur and
long time volunteer. Francine grew up in a retail business and
loves finding good buys at auctions. She has organized auctions,
from small silent auctions, to large statewide livestock
auctions, to personal estate dispersals. Francine has put
together the best buys for hybrid cars at
http://www.the-hybrid-car-store.com
