Insurance company The Hartford is now offering drivers of electric vehicles a discount on their auto insurance policies.
The 5-percent discount being made available to new policyholders with electric vehicles in Alabama, Arizona, California, Illinois, Kansas, Minnesota, Oklahoma, and Texas. The program will be available nationwide by the end of 2012. Current policyholders with electric vehicles will receive the 5-percent discount at renewal.
In addition to the electric vehicle discount, The Hartford has offered owners of hybrid vehicles a 5-percent discount since 2009.
This insurer has been involved and recognized for its green initiatives over the years. In 2007, The Hartford launched a comprehensive environmental stewardship effort by creating an environment committee and issuing a climate change statement. The company also began to report to the Carbon Disclosure Project.
In 2011, The Hartford began providing millions of Sierra Club and National Wildlife Federation members and supporters access to its auto and home insurance through a special program that offers discounted rates in most states. That same year, The Hartford installed electric vehicle charging stations at its Hartford and Windsor, Conn. campuses and began installation at its Simsbury location. The company also enhanced its homeowners insurance products with several new green features, including coverage for home-based electric vehicle charging stations.
For its environmental efforts, The Hartford was recognized in 2011 by Newsweek Magazine as the 12th greenest company in America, and the greenest financial services company.