Launched by the BGL Group Ltd on World Environment Day, 5th June 2007, ibuyeco is now the UK's largest carbon offsetting insurance provider, encouraging UK motorists and home owners to stay on the 'Greener' path.
Not only will ibuyeco get you a great deal on your cover, you also get to help the environment. ibuyeco, for every car policy sold or renewed donates £5 to an eco charity of your choice at no extra cost. The donation is all our money and none of yours. ibuyeco gives you the option to offset your vehicle’s annual CO2 emission for the duration of the policy. ibuyeco calculates a vehicle’s CO2 emissions based on engine size, fuel type and the annual mileage details provided by you the customer. ibuyeco then purchases carbon credits on your behalf from carbon reduction projects around the world to offset the CO2 emissions produced by driving the insured car.
ibuyeco launched their home insurance in July 2009 offering home owners great cover and again the chance to help the environment. Ibuyeco, for every buildings & contents home policy sold or renewed donates £5 to an eco charity of your choice at no extra cost. Or if a buildings or contents policy is bought then £2.50 will be donated. The donation is all our money and none of yours. You still have the option to offset your home’s CO2 emissions too, through our partners at The CarbonNeutral Company.
To find out more about the eco charities that ibuyeco is currently supporting and those ibuyeco have already helped and to learn more about the projects that offset your vehicle’s CO2 emissions click here.
ibuyeco has proved very popular, gaining much media attention, winning two industry awards and attracting many thousands of customers since its launch.