Fireman’s Fund Insurance Company, the first green building insurance provider in the U.S., has added benefits to its Green Financial Incentive Coverage for customers who use grants, loans, or tax incentives to pay for energy-efficient renovations.
Since 2006 Fireman's Fund has offered insurance for both residential and commercial properties that are already certified through LEED or Green Globes, or for customers who would like to make their properties more green following a loss (see Insurer Offers Special Coverage for Green Buildings , EBN Nov. 2006). Under the new coverage, certified buildings are allowed to upgrade to the next level of certification through repairs after a loss, and covered upgrades now include power generation equipment, alternative water systems, and vegetated roofs. Coverage of vegetated roofs now includes other vegetated surfaces that help reduce heat island effects.
Fireman’s Fund has also consolidated its coverage of building commissioning, as well as adding an option for porous paving. More information is available at www.firemansfund.com.
– Emily Catacchio
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