Tuesday, July 8, 2008

NEW! Green Home Insurance

Commercial buildings have green insurance, and now at least one company says it will start to offer green insurance for residential property starting this summer, though it may not be available in Florida until later in the year. Fireman's Fund Insurance Company will launch green insurance for homeowners starting this summer.

The insurance is for homeowners who currently own a green home, or for those who wish to upgrade to green standards should the home be completely destroyed. Homeowners whose residences are already green will be offered a five percent discount on this coverage, applied to the homeowner premium. With green coverage, homeowners will be able to rebuild and replace with green alternatives such as:

• Energy Star(R)-rated appliances, lighting, electronic equipment and roofing/insulation
• An Energy Star upgrade of heating, ventilation and air-conditioning systems
• Forest Stewardship Council (www.fcsus.org) certified wood for millwork, ceilings, siding and framing, including bamboo flooring
• Non-toxic, low odor paints and carpeting
• Water-saving plumbing fixtures
• Elimination of ozone-depleting refrigerants and fire extinguishing agents, replaced with environmentally friendly alternatives
• Debris removed after damage to a home will be recycled and diverted from landfill

© 2008 FLORIDA ASSOCIATION OF REALTORS®

1 comment:

Vevay said...

This is great info to know.