Green Buildings Need Green Insurance
At Remland Insurance we make sure that we stay up to date on the newest areas of insurance, we know that green building is growing with our customers so we thought you might enjoy this article from MyNewMarkets.com:
Traditional Property Policies Can Leave Green Buildings Exposed!
Whether a company has a green building or would like to take the necessary steps to green their current business, they need to seek counsel from their insurance agent to purchase green insurance coverage. To determine the right level of commercial insurance coverage for a property, the first step is to determine an appropriate value on their buildings. As this becomes a growing concern in the insurance market, it is valuable for agents to align themselves with an insurance company that both performs onsite engineering visits and offers insight on the valuation analysis to assist them with arriving at an accurate assessment for their clients.
Many commercial property owners assume their green building features are covered by a standard California commercial property insurance policy that in fact may only be covered by a green property insurance policy or policy endorsement.
Features:
- Building Codes
- Business Interruption
- Vegetative Roofs
- Building Recommissioning and Recertifying Fees
- Reimbursement for Green Products
- Foundations and Underground Property
- Builders Risk