Why Go Green for Your Insurance?

Today, green insurance is becoming more and more prevalent. There are lots of companies right now providing 39 different products and services concentrated to individuals who have environmentally friendly cars or homes. A new or enhanced building that meets specific standards might be purchased and apply this type of policy. Of course rebuilding after a loss is painful to the budget, but because of the option of going green, home owners can use it along with their new structure and save come money. Those who drive less of course pollute less, thus they’re also covered by green insurance. Additionally, they’ll have the lowest possibility of getting involved with an accident.

Because there are a lot of benefits for this type of insurance coverage, a lot of people are leaving the conventional type. First and foremost is the fact that you will receive a discount up to 10% if your home or car is certified green. Even after experiencing a property loss, you can still recoup later on and build your green home simply by paying a little more, about 2% to 5%. For coverage add-ons, this is the average charge. If you want your home to be better built, then use this add-on. If your home is damaged, you’ll be able to rebuild green and it will be totally worth it.

This type of insurance is becoming more popular across the country and many insurance companies now offer it. The very first company to offer this insurance plan was Fireman’s Fund in 2006. Soon after, other companies followed in their footsteps. If you want more, you should check out AIG/Lexington Insurance, Travelers, Chubb, Allstate and Zurich. You can always contact your current insurance broker to check out the available discounts they provide along with these lines. You may be surprised that you don’t need to change companies as they could provide you with the coverage you need at a price you like.

There are lots of green insurance policies being offered these days. Cars and homes are mostly the ones included with these kinds of insurance policies. If you use wind, solar or geothermal energy, you may be eligible for a policy. Insurers often offer commercial policies of this type for businesses who would like to get covered in this manner. Since it does differ from company to company, inquire your agent as he can best tell you what you can insure under this kind of plan.