Yes, there are discounts available for insuring hybrid or electric vehicles. Several insurance companies offer these discounts to encourage environmentally friendly choices. Here are some of the available options:
- AAA: Offers up to a 5% discount for hybrid and alternative fuel vehicles, though availability may vary by region.
- Travelers: Provides a discount for hybrid or electric vehicles, though the specific amount is not specified.
- Farmers Insurance: Offers a 10% discount on major coverages for hybrids and other alternative fuel vehicles, including electric vehicles.
- Allstate: While not specific to electric vehicles, Allstate offers savings through bundling and new car discounts, which can be beneficial for EV owners.
It’s important to check with local insurance agents or company websites to confirm the availability and specifics of these discounts in your area.
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