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Carbon offset calculation

When it comes to offsetting the carbon emission of a car the first job to get right is the carbon emission calculation. As a car insurance provider ibuyeco has a considerable advantage in this area for three reasons.

  1. We know a lot about cars and have the most up to date information available on every car model on the road.
  2. We only need to ask you one additional question during our car insurance quote process in order to calculate your cars projected annual CO2 emissions*.
  3. This means we offer one streamlined process with the carbon emission calculation built in and communicated as part of the car insurance quote and sales process.

Now for the detail

We believe our 'car' carbon emission calculation method is one of the most advanced used in Australia today. Read below to understand our methodology:

During the car insurance quote we establish:

  • The year, make, model, transmission and fuel type of your car
  • This is then matched for accuracy against Redbook codes to make sure we have an exact car match.
  • We also ask you to tell us the number of kilometres the car is driven in 12 months.
  • We then reference a combination of information supplied by Redbook (your car's engine displacement) and the specific emission factor for your car’s fuel type from the Australian Greenhouse Office's Factors and Methods workbook to complete our calculation of the annual carbon emissions for that car.

In the case of the online quote process, we then display the price for the various types of car insurance we may offer you (Comprehensive, Third Party Fire & Theft and Third Party Property Only) along with the amount of CO2 emissions that we calculate* need to be offset by our service.

In the case of our phone quote and sales service, the contact centre agent will inform you of the result of the car insurance quote and carbon emissions calculation.

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Even with carbon offsetting built in, our car insurance rates are very competitive.

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*100% carbon neutral car insurance, calculated using information you have provided. Auto & General Services Pty Ltd provides the Carbon Offset Service and arranges the insurance on behalf of the insurer, Auto & General Insurance Company Limited. Because we don't know your financial needs, we can't advise if this insurance will suit you. You should consider your needs and read the Product Disclosure Statement (PDS) before making a decision to buy the product. Other car insurance options are available. To download a copy of our FSG and PDS click here. Not available in NT.