Save More Green After Going Green with Cheap Car Insurance Rates

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Now that consumers can save money on a more eco-friendly vehicle with the recently passed Cash for Clunkers bill, they can also get cheap car insurance rates to save even more. gives the latest details on the Cash for Clunkers bill and offers ways to find cheaper car insurance premiums with a purchase of a hybrid.

Now that the Cash for Clunkers bill, officially known as the Car Allowance Rebate System (CARS), is up and running, consumers can also find cheaper car insurance premiums than with their older vehicle. gives the latest details on CARS and explains ways consumers can find cheap car insurance rates.

CARS, signed into law by President Obama on June 24, is the 2009 program that is aimed at encouraging consumers to trade in their older, less fuel-efficient vehicles for one that is more fuel efficient by providing a $3,500 or $4,500 credit. Although older vehicles are generally less expensive to insure because of their lesser value, consumers can find cheaper car insurance premiums through additional discounts.

Many insurance agents will offer up to a 10% discount or even cheaper car insurance premiums for hybrid owners. This additional discount is due to the way insurance companies view hybrid drivers. Insurance companies base their rates on risk. Statistically, hybrid owners fall into the “preferred insured category,” which means they will receive the cheapest car insurance quotes.

Hybrid owners fall into this category because they are typically more mature drivers who are less likely to be in an accident and file a claim. Statistically, hybrid owners are married men and women between the ages of 41 and 60 who are financially stable and responsible citizens. This formula equates to less risk for the insurance company and the cheapest car insurance quotes for the driver.

In addition to going green and saving some green by purchasing a hybrid, consumers can also take a few additional step to be more eco-friendly and save on their car insurance premiums. By switching to paperless billing, people can cut down on wasted paper use, which saves trees and the insurer money. Generally, the insurance company will pass these savings on by offering additional discounts for people who pay online or have their payments automatically withdrawn. Moreover, carpooling will cut down on an individual’s carbon footprint and they may find cheaper car insurance premiums as they cut down on their personal mileage.

About offers a quick and easy way for people to find the cheapest car insurance quotes. To learn more about, visit the website.


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Marlene Brown

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