Hybrid Cars Helping To Drive Down Insurance Costs

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(NAPSA)—-Hybrid vehicles may help to save more than the Hybrid Cars Registered By State environment. They may also mean 60,000 to auto insurance. 50,000 savings for drivers when it comes For example, on the heels of recently signed legislation aimed at reducing California’s greenhouse emissions by 25 percent by the year 2020, one insurance com- pany has introduced a program to help support that goal. California hybrid owners can now take advantageof a 10 percent discount on auto insurance offered by Travelers. Experts say any vehicle is considered a hybrid whenit combines two or more sources of power. Hybrid cars run off a rechargeable battery and gasoline. The companyis thefirst to offer 52,619 40,000 30,000 20,000 | pee Los Angeles 5828 San Francisco 10,000 0 California 10,470 o> Florida Y A vehicle that combines two or more sources of poweris called a hybrid. Increasingly, drivers who own a hybrid may beeligible for discounts on insurance. a discount to hybrid drivers on a action plan for California and its residents.” state by state. It has recently made elers.com offers up-to-date information on federal and state tax national level and has been steadily rolling out the discount The Web site www.hybridtrav the discount available in New York, Maryland, Florida, Washington and Texas, bringing the total number of states in which the dis- benefits for hybrid drivers and the District of Columbia. access an insurance agent locator count is offered to 42, in addition to Commonly known as an eco-con- scious state, California has regis- tered 52,619 new hybrid vehicles in 2005. At a distant second, Florida registered 10,470 hybrids, followed by Texas, New York and Virginia. Los Angeles tops the list of hybriddriving cities with 22,922 new hybrid cars registered, followed by San Francisco with 15,828. New York, Washington, D.C. and Boston complete the top five. “The new legislation aimed at reducing greenhouse emissions shows California is taking noticeable measures to improve the environment,” said Peter Betts, Travelers regional vice president for California. “We hope our discount offer for hybrid owners will help support an eco-friendly other community incentives, such as discounted or free parking. Visitors can also share their stories about being “hybrid travelers,” and obtain policy information. The discount for hybrid drivers is the latest in a long series of firsts for the company that wrote the first automobile insurancepolicy in 1897. Other firsts include the first policy covering electronic data processing liability in 1961, and the first insurance company to offer consumers protection against identity fraud in 1999. Travelers understands that life and business are inherently dynamic and that the best way to serve agents and policyholdersis to deliver insurance that evolves to stay in synch with life and busi- ness as they change. Visit www.hybridtravelers.com for more information on being in synch.