Monday, February 23, 2009

Insurance Upgrade Helps Homeowners Go "Green" After a Loss

Posted by JieYing Peng

WARREN, NJ--(Marketwire - February 23, 2009) - If a home is damaged or destroyed, homeowners may want to rebuild with "green" materials and processes, but the additional cost can be prohibitive. Now, homeowners can obtain insurance through the Chubb Group of Insurance Companies that will pay to rebuild using environmentally friendly materials, low-impact processes and ultra-efficient heating and cooling technology after an insured loss.

Under Chubb's Masterpiece® GreenWise(SM) Upgrade coverage option, Chubb will pay the difference between rebuilding the house as it was and rebuilding "green," up to the amount of GreenWise insurance purchased. The new upgrade option can also help customers who have homes that have already been "green" certified to rebuild to the most recent certification standards.

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