LEED Homeowners: Save 5% on Green Home Insurance
January 07, 2026 :: Posted by - Jason :: Category - Economics
Homeowners can choose between two kinds of green insurance coverage.
The first type insures homes that already satisfy strict efficiency and sustainability requirements. The second gives you the choice to rebuild any covered damage using more environmentally friendly materials.
Fireman’s Fund Insurance Co. of Novato, Calif., was among the first insurers to launch homeowners policies that respond to growing demand for energy-efficient, environmentally sustainable homes. For owners of LEED-certified homes, Fireman’s provides a 5-percent discount on standard annual premiums, which saves homeowners roughly $100 each year.
For people who don’t own green-certified properties, several insurers are introducing an option that allows homeowners to replace any property losses with more eco-friendly options. Farmers Insurance of Los Angeles recently introduced an option it calls “Eco-Rebuild” that is available as an addition — or endorsement in insurance lingo — to a regular homeowner’s policy for $25 or 2 percent of the annual premium. In the event of a loss, the Eco-Rebuild endorsement means Farmers will pay extra to replace your old kilowatt-hungry appliances with Energy-Star devices and recycle debris, rather than send destroyed materials straight to a landfill.
Additional details are available at http://www.bankrate.com
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Story Tags: green economics, insurance
February 1st, 2010 at 6:04 pm
[...] include the ability to get an energy-efficient mortgage using the Green Rater’s report, reduced home insurance, and higher property value now that the real estate MLS changed. Prospective home buyers can now [...]
April 7th, 2010 at 11:12 am
The protection offered by building and contents insurance can cover a valuable home and all of its contents against a huge range of risks, but if you are one of the many people struggling to afford the mortgage that comes with a new home your first home then there are various government initiatives to help, it is not hard to find them.
October 26th, 2010 at 11:23 am
[...] Often times, these durability strategies are common to local building practices and are already being planned by the project team (e.g. attention to window flashing details, moisture management, etc), but in a LEED home, the project team is taking these strategies and mapping them to specific risks. With this kind of attention and the third-party verification most LEED homes pursue (ID 2.3), you can see why home insurance companies are willing to give premium discounts for LEED-certified homes. [...]