Green Car Insurance – It is finally here!

Any motor vehicle that is moving on our roads (even as you read this) is an environmental hazard because of the emissions such as carbon monoxide and carbon dioxide, which are removed as a result of burning petrol. In the UK, these emissions are believed to make almost 12% of the total greenhouse gas emissions.

It is because of this that the UK is trying to reduce dependence on machines and cars so that the environment would be less polluted. One of the ways this is being done is by introducing the Green Car Insurance policy.

So what exactly is the Green Car Insurance?

This is a policy that allows one to contribute part of their monthly premium to a scheme whose main agenda is to reduce and even remove carbon dioxide emissions from the car. This is believed to be one of the ways that people are attempting to neutralize the bad effect that one’s vehicle has on the environment. The amount of money that goes into the scheme is calculated after carrying out considerations such as the model and the age of the car. In more advanced systems, the driving technique is also considered.

To shade some light on this, if one has a car that emits huge amount of gas into the air then the premium paid would be much higher than that of a sophisticated, well-maintained car. The reason behind this is that a larger amount of the premium would be necessary to neutralize the high percentages of emissions from the vehicle. If you use a car that uses fuel efficiently, you will get lower insurance premiums. If you use a car with low fuel-efficiency, you will need to compensate accordingly.

The issue of Green Car Insurance is not really known but is getting popularity as time goes by. This is because more insurance companies are incorporating this policy in their packages, and this is not only for car insurance but also for travel and home insurance. The insurance world seems to be changing according to the need at hand.

The basis on which insurance works is that of protection against risk. Putting this into context, the insurance industry would like to protect the earth and reduce the risks of environmental pollution.

Since the Green Car Insurance policy is still growing, there are not many companies that offer it, but the more popular it becomes, the more available and affordable it will be for those who wish to purchase this policy. One can also search online to get insurance service providers that offer this specific policy.