4 Eco-Friendly Home Modifications That Can Lower Your Home Insurance Premium

July 23, 2020

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As the green revolution continues to gain popularity, homeowners are discovering practical ways to reduce their carbon footprint. One of the most meaningful ways is by making eco-friendly modifications to your home and making sure your homeowner’s insurance takes them into account.

Benefits of eco-friendly home modifications

  • Lower utility costs
  • Reduced carbon footprint
  • Save money on energy costs
  • Potential tax credits

1. Solar energy

One of the most common eco-friendly home modifications, solar energy is the cleanest and most abundant resource available to us. A big investment, solar energy gives homeowners a way to save money and generate their own electricity.

2. Geothermal heating and cooling

One of the lesser-known energy options, geothermal systems use the earth’s heat to warm and cool your home. There are three main types of geothermal technologies: ground source heat pumps, direct use geothermal, and deep and enhanced geothermal systems.

3. Rain harvesting

Rain harvesting is one of the easiest eco-friendly home modifications. Collecting water for future use, it also reduces stormwater pollution. You can use the rainwater you harvest for outdoor irrigation or utilize it in your home for laundry, cleaning, or purified human use.

4. ENERGY STAR products

ENERGY STAR appliances and products use less energy than the traditional options on the market. To be considered an ENERGY STAR product, it must meet the energy requirements set by the U.S. Environmental Protection Agency (EPA). As a homeowner, choosing appliances and products with an ENERGY STAR will help you save money, energy and contribute less to harmful emissions.

 

Source: https://www.thesimpledollar.com/insurance/home/how-eco-friendly-home-modifications-impact-your-home-insurance/