Hybrid Car Owners Save Big— And Not Just On Gas

Interest in hybrid cars has skyrocketed especially after the high gas prices of the summer of 2008. But hybrid cars have many other positive benefits besides being gas sippers and not gas guzzlers.

The potential savings on auto insurance is not usually talked about much when it comes to hybrid cars. A great many auto insurance companies are offering discounts of up to 10 percent just for owning a hybrid car. Car make and model is often used to calculate your auto insurance rates. Research on hybrid cars owners shows that they are typically between the ages of 41, up to the age of 60. This older group is considered to be low risk responsible drivers.

Hybrid car owners also tend to be married and financially stable. Married individuals tend to have a lower claims rate than single drivers according to insurance industry research.

Hybrid car owners also receive tax benefits in addition to the savings on gas and auto insurance. If you are in the market for a new vehicle, consider how that vehicle's make and model will affect your auto insurance.