Motor insurance: the future's green?

Tuesday, 04 January 2011

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Motor insurance customers are welcoming the arrival of new electric and hybrid cars, a new survey suggests.

It has been discovered that 60 per cent of car insurance customers agree or partly agree that electric vehicles have the potential to replace their existing vehicles, according to a survey by valuation site Glass's.

From those surveyed, 23 per cent believe that an electric or hybrid car could replace their main car, while the remaining 37 per cent think that the new models could act as a new substitute for their second car.

However, drivers may need more information on what cars are available in the market, as when asked to name a hybrid or an electric car which was not the Toyota Prius, 57 per cent were not able to provide an answer.

Andy Carroll, Glass's managing director, said: "What is crucial now is that manufacturers do more to educate consumers on the practical benefits and constraints of owning these vehicles."

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