Travelers Insurance Goes Green

September 30th, 2007 by Jeannine C

Travelers Insurance has put their money where their mouth is when it comes to the environment, by offering the first discount in the industry for drivers of hybrid cars, as well as other products designed to keep the earth green.

Now owners of vehicles like the Toyota Prius, Honda Civic Hybrid, or Mercury Mariner Hybrid can expect a 10% discount in their auto insurance quotes from Travelers to add to the money they save on gas. It’s a smart move for Travelers to secure a new and growing market which is expected to represent 4.6% of new vehicles by 2010.

In addition to the Hybrid discount, Travelers announced insurance programs allowing businesses to replace damaged equipment with safer, more environmentally-friendly equipment, as well as policies designed to fit the special needs of emerging technologies, such as wind farms.

Families owning homes in hurricane prone areas will also benefit from Travelers support of the National Hurricane Survival Institute which promotes hurricane preparedness and the Institute of Business and Home Safety which offers ways to minimize property damage during storms. Many insurance companies already offer discounts on homeowners insurance to property owners who take extra steps to reduce storm related damage through tactics like storm shutters or reinforced roofs.

Whether you believe in global warning or not, anything that takes care of our world in a positive way without causing other types of damage is a good thing. Hopefully other insurance companies will follow Traveler’s lead and provide incentives through auto insurance, home insurance, and business insurance which will encourage everyone to make green choices in their lives.

Listen to Travelers Insurance Goes Green
Listen to Travelers Insurance Goes Green

Posted in Auto Insurance | No Comments »