Despite Higher Costs, Insurers Encourage 'Green' Rebuilding of Homes

Despite Higher Costs, Insurers Encourage 'Green' Rebuilding of Homes: "Despite Higher Costs, Insurers Encourage 'Green' Rebuilding of Homes

By Lauren Villagran
January 10, 2008

Sean Walsh returned to his mother's San Diego home after the October wildfires to find it charred to its foundation. He says he plans to help her rebuild the trilevel, five-bedroom abode — happily used to host 19 grandkids — exactly as it was, only greener.
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Two major insurers are launching 'green'' insurance programs that will let homeowners reconstruct their property with more environmentally friendly building materials, appliances and landscaping, even if it costs more than the replacement value stated in the policy."