Should You Go Green, Even With Your Insurance?
Is green insurance worth it?
Nowadays, you can’t go a whole day without hearing about somebody or something going green. But, what exactly does that mean, especially in the world of personal and business insurance?
In case you missed it, the idea of going green is to utilize products, methods and materials that are more eco-friendly and energy efficient throughout your everyday life. In theory, its a great idea! But in practice, it’s not that simple, but definitely worth the effort.
Here at the Bogle Agency, we have several ways for you to Go Green!
The first way we can help you befriend the environment is to eliminate some of the paper that we as insurance companies and providers create. That alone will get the ball rolling and not only save trees, but perhaps some dollars for you as well. Some of the carriers we represent offer discounts if you go “paperless.” In the 1990′s, it was estimated that the cost to process a single paper claim was $5.00. We can process many of these claims “electronically,” which undoubtedly is more eco-friendly.
Speaking of paper, do you remember the packet that came with your last auto insurance renewel? How big it was? How heavy it was? Well, we can send that to you electronically as well, eliminating all that waste and lowering costs for both the company and the consumer.
Another important way you can “Go Green” with your insurance is with a rider that spells out the way your building would be reconstructed if you suffer a loss. As of December, according to the Insurance Information Institute, 22 companies offered 39 products and services specifically aimed at new green buildings or green upgrades for existing buildings, adding to the wide array of eco-friendly incentives tied to mortgages, taxes and more. These Green insurance policies and riders have been around since 2006, started by the Fireman’s Fund and are now offered by many of the other major carriers we represent. Here at Bogle, we can custom tailor a policy that suits your needs.
“We moved into our new building in 2007,” said, Philip R. Bogle. “And we specifically designed it according to some of the newer guidelines in eco-friendly construction, so the way I see it, we practice what we preach! If we can do it, so can you!”
“That experience has given us a new look at some of the ways we can help the earth, while cutting costs to both ourselves and to our clients,” added Bogle. “If you have questions, give us a call. Send us an e-mail, and we’ll look into your coverages and see what we can provide to help you Go Green.”
Want to learn more? We recommend clicking on these links to get you even more information about green insurance. But, remember, we’re always available, via phone or e-mail to answer any questions you may have. Get in the game! Go Green today!