Save the planet: Take out a green car insurance policy
Car insurance providers have launched policies that exclusively target the ‘green market’, comprising of drivers who want an eco-friendly insurance product.
Most often these insurers offer green incentives or ‘carbon offsetting’ schemes, which means that a percentage of the price of the insurance will go towards carbon offsetting projects. Others are prepared to offset 100% of your green vehicle’s emissions.
A carbon offset is “a financial instrument which represents a reduction in greenhouse gas emissions”. One carbon offset represents the reduction of one metric ton of carbon dioxide, or other greenhouse gases. If you have an existing car insurance policy, contact your insurer to check if they have environmental incentives. A good place to shop for green car insurance is online. Browsing around will give you a lot of information about the level of coverage you need and the best deal you can get.