I purchased my CT a couple of weeks ago. Three days later I sold a 2005 Saturn Vue that was worth about $9K to a friend, who bought it for his daughter. It was then that I called my insurer — California State Automobile Assn. (CSAA) — to have them delete the Saturn from my policy and add the CT. After all was said and done, I was surprised to learn that the CT would increase the cost of my annual policy by only $60 ($5 per month). When I asked why so little (and made it clear I wasn't complaining) the underwriter said he didn't know, and that he had run the numbers twice to make sure the amount was correct. After a short discussion, we both took a guess that the rate for insuring a hybrid might be based on the type of people who own hybrids. If you think about it, they are probably less likely to get in accidents and cost the insurance companies money. Perhaps someone on this forum who reads this post and works for an insurance company can explain why hybrids cost less to insure than non-hybrids.
Congrats on your new ride. If you are like everyone else on this forum who has already taken the plunge, you are going to love it!
Congrats on your new ride. If you are like everyone else on this forum who has already taken the plunge, you are going to love it!