Green Insurance for Your Home

  • Homeowners can now purchase green insurance (Source: Immanuel Giel at Wikimedia Commons)

Some homeowners are paying a little
extra for a green insurance policy. Mark
Brush has more:

Transcript

Some homeowners are paying a little
extra for a green insurance policy. Mark
Brush has more:

Fireman’s Fund Insurance says it’s the first company to let you buy this extra coverage.

If your home is destroyed, they’ll pay to build you a new one using standards certified by
the U.S. Green Building Council.

That means things like using wood that is certified
sustainable, energy efficient appliances, and recycling the materials from your old house.

Don Soss is with Fireman’s Fund. He says the decision to offer the green insurance
policy was driven by the market.

“We’re very interested in offering products and services around sustainability. And there
was customer interest for it, so this was really in response to customer demand.”

Soss says their insurance policy will also cover homeowners for partial losses.

For The Environment Report, I’m Mark Brush.

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