Last week, we provided some discounts for auto owners who own eco-friendly c s. This week, we will give insurance discounts to homeowners who have taken green initiatives within their homes.
Homes
Insurers are helping to promote sustainable building practices by offering green homeowners and commercial property policies, including:
- LEED Certificat on. Homeowners who have met stringent efficiency and sustainability standards, such as those in the LEED Certification program, will qualify for premium discounts of up to 10 percent on their homeowners insurance premiums.
- Eco-Friendly Materi ls. Some homeowners insurance policies offer endorsements to rebuild your home after a loss with more eco-friendly materials, including replacing items like appliances with Energy-Star devices.
- Solar Po r. For homeowners who generate their own geothermal, solar, or wind power and sell any surplus energy back to the local power grid, there are now policies that cover both the income lost when there is a power outage caused by a covered peril and the extra expense to the homeowner of temporarily buying electricity from another sou ce. Policies generally cover the cost of getting back online, such as utility charges for inspection and reconnection.
If you would like to learn more about the other homeowners insurance discounts available, please get in touch with our office.
