Car Insurance

When most of us think of car rentals we imagine a transaction that extends across days or even weeks. Recently, a new model of car renting, popular in Europe for many years, has come onto the North American scene. It’s called car sharing. Car sharing allows for use of a car for generally short periods, sometimes as little as a half hour.

Advocates of car sharing point to many benefits including:
• Reduced car traffic as car sharers would generally walk or bike to get about reserving car use for occasions that are not conducive to walking or biking.
• Environmental benefits that come with having fewer cars on the road.
• Increased support of public transportation systems.
• Less dependence on gasoline.
• Convenience- the system runs as efficiently as most car rental services.
• Variety – drive a blue Volvo today and a green bug next week.
• Health benefits resulting from higher levels of physical activity.
• Annual Savings

Car sharing fees include costs associated with maintenance, fuel and insurance. If you drive only occasionally, this presents significant savings over costs that would be incurred with car ownership. Families with two cars may consider selling one to save money and or hassle, and using a car sharing plan when the need arises. The idea seems particularly intriguing with the run away gas prices we have faced at the pumps recently.

It has been long said that Americans have an intense love affair with their cars. Consequently, it has been somewhat challenging for clean air campaigns to win over long time converts willing to abandon their cars in mass numbers. Even with rising gas prices it has been difficult to predict the tipping point that will produce a significant change in car driving patterns. Car sharing just might provide the happy medium that pleases both camps. Sharing offers many of the benefits of ownership and none of the hassles.