For many people, owning a car is either an expense that they don’t want on their shoulders, or it’s one that they simply cannot afford. This can be especially true in large metropolitan areas that have an abundance of other forms of transportation (i.e. bus, taxi, train, cycling opportunities, etc.). However, there are times where it just isn’t practical to stand around and wait on a bus or train and taxi’s can become very expensive if they aren’t used in moderation. This has led to a boom in car sharing.

Car sharing offers individuals the opportunity to reduce their carbon footprint by decreasing the amount that any one person drives while and by using newer, more efficient, vehicles. However, one of the greatest benefits of car sharing is the reduction in expenses from traditional ownership.

When you use a car share, everything from regular maintenance to fuel and even your insurance is covered. This can be a great benefit as insurance, especially in large cities, can become quite expensive because of the rising crime rates in particular areas. By using a car share, it is possible to drastically reduce your living costs and eliminate that $250-$500 per month insurance bill.

This can be a great way to make sure that you have access to a vehicle when you need without the worry of covering your own insurance costs. Most car share companies will carry full coverage insurance on their vehicles to protect themselves, but it also protects you in the event of an accident or theft.