What Is Green Car Insurance?

What Is Green Car Insurance?

A motor vehicle being driven is nothing but an environmental hazard. The engine of a car emits greenhouse gases like carbon dioxide and carbon monoxide, as petrol gets burnt. These greenhouse gas emissions contribute to almost 12% of the total greenhouse gas emissions that the UK experiences.

The UK tries to reduce its dependence on machines and cars in order to ensure an environment with lower pollution levels. The option of a Green Car Insurance policy provides the UK with an opportunity to contribute to the upkeep of the environment, even after using a car.

What is Green Car Insurance?

A Green Car Insurance policy allows you to contribute a part of your monthly premium to a scheme that aims to offset the carbon dioxide emissions from your car. In this way you can attempt to neutralise the ill effects that your vehicle causes to the environment. The amount that goes to the scheme is arrived at after considering facts like the model and the age of the car. Often a more advanced system of calculation involving the driving technique is also used.

A vehicle that spews out huge amounts of gas will have a premium higher than a sophisticated and well-maintained vehicle whose gas emissions are nominal. This is because a larger proportion of the premium would be necessary to neutralise the high percentages of carbon dioxide emissions from the gas-guzzling vehicle. Thus, if you use a fuel-efficient car, you are rewarded with a lower insurance premium and if you use cars with low fuel-efficiency you need to compensate accordingly by paying higher insurance premiums.

Is the concept of Green Car Insurance getting accepted?

Green Car Insurance is a growing concept as more and more insurance providers are including the ‘green’ option in their packages of not only car insurance but also those of home and travel insurance. This can be seen as a change in the attitude of the common man as he realises the intensity of the threat to which our earth has been exposed. The insurance industry is acting in accordance to the need of the hour.

The fundamental concept on which insurance works, is that of protection against risk. So the insurance industry can relate to the need of protecting planet earth and reducing the risks of pollution and climate change.

How can you get a Green Car Insurance policy?

The number of insurance providers who are formulating policies that include ‘green’ options, is increasing day by day. Unfortunately these ‘environment-friendly’ insurance options are not yet advertised as much as the regular options.

If you are conscious about the need of the hour, you can ask your insurance provider whether they have a green insurance policy.  You can also search for green insurance providers online. The Internet will provide you with numerous comparison facilities that will assist you in finding the cheapest but ‘greenest’ insurance option available.

You can save on your premium by using a fuel-efficient vehicle and avoiding the usage of gas-guzzling components like air-conditioners. Thus, if you cannot avoid using a car, you still can contribute to the maintenance of the planet earth by opting for a Green Car Insurance policy.