Hybrids cost insurers more

marshalljones · Jul 23, 2009

Hence the intensive study of 360,000 cars. If the results had agreed with the mainstream (meaning the NHTSA data that Bob posted, congruent

Crazyhorse6901 · Jul 23, 2009

zenMachine said: ↑

Insurance companies often give discounts to drivers of hybrids, perhaps because the image of a tree-hugging environmentalist suggests a cautious type who is a good risk to insure. But hybrid drivers rack up more miles, more tickets and costlier accidents than conventional car drivers, according to a study released Wednesday.

"High-mileage drivers seem to be attracted to [hybrid] vehicles," said Raj Bhat, president of Quality Planning Corp., the San Francisco firm that conducted a study of 360,000 vehicle-insurance claims made to 12 U.S. insurers over the last two years, comparing hybrid and conventional vehicles. Quality Planning is a unit of Insurance Services Office Inc., a closely held group of companies that provides data, analytics and other services.
...

The study found that hybrid-vehicle owners who buy cars for noncommuting purposes drive an average of 25% more than non-hybrid drivers. Hybrid and non-hybrid car owners who listed their cars as commuter vehicles both drove about the same amount. For owners of Toyota's Prius, one of the most common hybrid models, drivers racked up 65% more traffic tickets than their conventional-car peers.

A typical hybrid owner is a woman, older, more affluent than the average driver and more likely to live in a city, which U'Ren said could account for some of the higher ticket statistics.

What we don't know is whether owning a hybrid vehicle encourages people to drive more miles each day or take more pleasure trips," Bhat said.

Article - WSJ.com
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I called my insurance company and was informed I would come out cheaper than my last vehicle which was a 2007 Honda Ridgeline RTL, I had the truck for 2 years and 2 months and only 5,600 miles before I decided to order a 2010 Prius...I did have the agent add rental car(MAX. LIMIT ALLOWED), maybe towing too I think and came out with a $6.00 credit.

bwilson4web · Jul 23, 2009

Muhahahahaz said: ↑

. . .
I do not know, perhaps some people actually keep track of the number of miles they drive per year, but I certainly don't (then again, I'm only 22). I didn't lie to get a better rate. I simply came up with a good estimate based on how long my "commute" is, and etc.
. . .
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You might consider using one of the many different, online, mileage tracking sites:

myhybridcar.com - my preference because it clusters hybrids by model

fueleconomy.gov - clusters by vehicle and year, not models that span multiple years

GOOD LUCK!
Bob Wilson

Hybrids cost insurers more

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