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The Green Stuff
Been hoping save some green by going green? Your wait is finally over. Hybrid Electric Vehicles (HEVs) are ready for prime time. They have the horsepower we’ve been waiting for, great body styles and are available in a widening range of prices. While there currently aren’t any breaks available in car insurance premiums for going green, there are definite advantages to be had. Those who choose HEVs over gas-powered vehicles help protect the environment, save money at the gas pump, and, in some states, are eligible for a tax deduction. So while ChoiceAutoInsurance.com works on saving you money on your car insurance, you can tackle the rest. Here’s the breakout:
A Boon for the Environment
Pollutants and chemicals from vehicle exhaust harm the environment and aggravate breathing problems. HEVs, with their fuel efficiency and increased fuel economy, emit less pollution. Every little bit counts, especially as smog and greenhouse gas problems continue to worsen. HEVs help do their part to protect the environment while honoring our finite supply of fossil fuels.
If you’re ready to buy a hybrid vehicle, you can still do your part by driving less or carpooling whenever possible. Driving less will save you money on gas, too, and can even reduce your car insurance rates: Fewer miles driven mean less chance of accidents.
A Savings Boon at the Pump
As the price of gasoline hurdles $4/gallon, HEVs look more attractive than ever. Over 60 miles per gallon with an HEV is typical. Hybrid vehicles conserve gas by increasing the efficiency of how that gas is burned. They can turn energy into electricity while the vehicle is coasting and braking. Electricity is then stored in a battery until it’s needed. In some HEVs, the engine automatically shuts off when it’s stopped and restarts when the accelerator is pushed.
A Tax Deduction Boon
HEV owners may be eligible for a federal or state tax deduction. Federally, buyers of hybrid vehicles could be eligible for a one-time $2000 deduction in the year of purchase. For more information about the benefits of HEVs and tax deductions available, visit the Department of Energy’s HEV Program Web site at http://www.eere.energy.gov/cleancities/about.html.
Meanwhile, let ChoiceAutoInsurance.com help you save some of your own resources by getting you multiple quotes on car insurance policies right now for free.
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