Climate-related Auto Insurance Offerings Rise
Automobile insurance providers are adding more incentives for people to reduce their impact on the climate.
According to new research from Ceres, nearly 25 companies offer pay-as-you-drive (PAYD) insurance products-with discounts of up to 60 percent for policyholders who drive less than the average driver. Insurers report this incentive significantly reduces the total miles driven.
There are at least 17 forms of discounts for fuel-efficient or low-emission vehicle, Ceres reports.
Fireman’s Fund launched the first replacement-upgrade product for hybrid cars.
And Travelers offers up to a 10 percent premium discount for hybrid-electric boats and yachts.
Energy Manager News
- Senators National Energy Policy Vision Leads to a Hopeful Future
- Google Builds Data Center on Site of Old Coal Plant
- EPA Honors 3 Facilities for Combined Heat and Power
- Cheese Factory Installs Anaerobic Digestion
- Certification Program Established for Green Button Standard
- Diesel Genset Market to Reach $68B by 2024, Navigant Says
- Emulsion Mist Collectors Designed for Heavy Industry
- IKEA Plugs In Fuel Cells at California Store