It looks like the nation’s first provider of green insurance coverage for the commercial sector has decided to expand that coverage into the residential sector. Fireman’s Fund Insurance Company will be offering green coverage to homeowners who either own a green home or who want to upgrade their home with green features in the event of a loss. So in a loss situation, the homeowners can rebuild their home and have it certified under the LEED system.
Homeowners with green homes will be offered a five percent discount on their insurance premium. In addition, homeowners will be able to rebuild and replace as follows: