Hybrid Car Insurance

Hybrid car insurance discounts

While hybrid cars are just as safe as non-hybrids, they may be more accident-prone because they’re built lighter to achieve greater mileage. Driving a more accident-prone car could raise your insurance premium.

Accident-prone aside, when looking for insurance for hybrid vehicles in Canada, remember that the Toyota Prius, Nissan Leaf and cars of their ilk are all going to be insurable with special rates from some companies. Owners simply need to be prepared to answer questions about their cars that they have probably never encountered from insurance companies in the past.

Some owners can take advantage of tax breaks to reduce insurance premium costs. Insurance for these vehicles is different, but it can still lead to savings if a driver does proper research.

Also, hybrid and electric auto insurance can be defined differently if the government has made allowances for certain types of vehicles. There are insurance carriers who will offer discounts to the customer so that they can pay less. Some customers will be able to get tax write-offs on their insurance payments every year based on a government program.

There are some cars that go beyond hybrids and are run entirely on a battery. With these cars, the same types of insurance can be offered to drivers. However, the electric car runs differently than a hybrid, and the insurance company will offer special insurance for these vehicles because they do not have traditional engines.