October 18, 2006—In response to commercial real estate’s green building movement evolving from the benefits to the environment and building owner’s bottom line, Fireman’s Fund Insurance Company has introduced the Certified Green Building Replacement and Green Upgrade coverages.
Fireman’s Fund is the first and only insurance company to offer coverage specifically for green commercial buildings and address the unique risks that are acquired with sustainable building practices.
This offering of coverages protects buildings that are green-certified as well as buildings and facilities whose owners would like to capture green benefits. The coverage for LEED certified buildings offers a discount due to lower risk factors. Conventional insurance policies only cover the cost to restore a building to its original condition. Under Fireman’s Fund Green Building Replacement, Green Upgrade, and Commissioning coverages commercial property owners and managers are able to rebuild and replace with green alternatives.
Fireman’s Fund Insurance Company is a premier property and casualty insurance company providing personal, commercial and specialty insurance products nationwide. For more information, see the Web site.
