I’m considering trading in my truck for a Toyota Prius hybrid. The salesperson said that the car should be cheaper to insure than my truck because my company will give me a discount for driving a “green” car. Is that true, or is the salesman just trying to sell me a car?
Question
Will my insurance company give me a discount for driving a “green” car?
Agent Answer
First, let me say that each insurance company is different. While there are many commonalities between companies, especially concerning coverage, it’s impossible to guarantee that you will get a discount, much less a lower rate, for purchasing a hybrid car. The best thing you can do would be to take the VIN of the hybrid and contact your insurance provider for a quote. That’s the only way to know for sure if this vehicle will be more or less expensive to insure than your current vehicle. It’s also a good idea to compare rates with as many other companies as possible to ensure you’re getting the best coverage at the best rate.