Green business practices are not limited to factories and buildings anymore. According to Yahoo Finance, some insurance companies are offering clients who drive green cars or live in green homes a break on their premiums. Still others are offering to rebuild a green home that is lost due to fire or other catastrophes “greener” than it was before.
Novato based Fireman’s Fund is now offering a 5% discount on homeowner’s policies for those who live in LEED certified homes. Fireman’s also offers a Green Upgrade, which allows a homeowner the option to rebuild it greener with a slight premium adder.
Farmer’s Insurance offers up to a 10% discount for drivers of hybrid vehicles currently, and is planning to offer a new Green homeowner’s policy in 28 states by this summer.
Very soon, it will pay to go green!