A ‘green’ home will typically save you money on items like heating, water, and electrical bills. When a consumer becomes more aware of the environmental aspects in their home, insurance companies start to add discounts to their policies. An example would be maybe a 5% discount on their homeowners insurance.

It is estimated that space cooling and heating makes up 47% of the total energy usage in the home and experts believe that energy-efficient technology could possibly reduce utility bills by 30% each month. There are some companies who extend their coverage to those homeowners who generate the energy use in their homes through wind, solar, and other natural means.

When a homeowner chooses ‘green’ energy options, it ensures that their home functions properly, is good for the environment, and at the same time saves you some money. There are two different types of ‘green’ insurance policies for homeowners. The first is for those properties that already meet and sustain the standards of being eco friendly. The second is for those properties that are not currently meeting standards for being green, but are provided with the choice to replace losses or damages with better sustainable and eco-friendly materials.

There are many insurance providers today who have taken the ‘green’ route and have started to lower insurance premiums for those policy holders who maintain their eco-friendly homes. The reason is because those homeowners who are cautious enough about the environment are likely to be more responsible and careful when it comes to their homes.

Just a few of the many ‘Green’ options that are available to homeowners today:

1. Solar heating systems or solar panels. Either of these can be installed and placed on a home’s roof or put in a back yard. Solar panels can be added to a policy for just a few extra dollars, but will save more money in future home expenses.

2. Natural materials. By using more natural materials in your home, you have a more environmentally-friendly home.

3. Sky lights. These lights will not only light up a home, but also save money on electric bills.