Not only will a hybrid car save you money on your gas budget, it may also shrink your insurance premium too! TD Meloche Monnex gives hybrid ownership all the more allure with what they call Green Wheel - a 10% discount (5% in Ontario) on insurance premiums on hybrid cars.

Whether you have an existing policy with the company or are considering switching over, your new or existing hybrid qualifies for the rebate. As a current client of this company, I can vouch for it’s quality of service. In a recent claim for a parking lot hit and run (don’t you hate those?!) our deductible was waived, and a rental car provided at no charge. Our premium didn’t change a cent either.

So, if you’ve been sitting on the fence about what car to choose, get a hybrid, and then get a quote from TD Meloche Monnex. And, I know you’re clever enough to compare hybrid fuel efficiency ratings before going ahead. Many cars with hybrid technology offer worse fuel consumption than those without it. For example:

2008 Chevrolet Malibu Hybrid 33 miles per gallon (8.5 Litres/100Km)

2008 Hyundai Accent (Not a Hybrid) 38 miles per gallon (7.4 Litres/100Km)

The insurance rebate is unfortunately unavailable in BC, Saskatchewan, and Manitoba. But, if you live in any of those places, demand that your insurance companies raise the bar!

Of course, if affording a hybrid is still a problem, keep walking, cycling, and taking transit. Plus, good safe fuel efficient cars are still out there. Just keep demanding better and letting manufacturers know that there’s a robust demand for greener cars.

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