Fireman's Fund Insurance Co., the first property and casualty insurance company to offer green insurance to the U.S. commercial marketplace, is broadening its commercial green insurance to include public and private schools, colleges and universities and trade and vocational schools.
With Green-Gard commercial building coverages from Fireman's Fund, schools can replace standard systems and materials with green alternatives after a loss. In the event of a total loss, Fireman's Fund will pay the cost to rebuild as a green certified building. If the property is already green-certified it will benefit from a 5 percent premium discount on its regular insurance coverage. In the case of a loss, Fireman's Fund protects the school's green investment with broad coverage by allowing it to attain certification at one level above the certified green building level prior to the loss or damage.
With Green-Gard commercial building coverages from Fireman's Fund, schools can replace standard systems and materials with green alternatives after a loss. In the event of a total loss, Fireman's Fund will pay the cost to rebuild as a green certified building. If the property is already green-certified it will benefit from a 5 percent premium discount on its regular insurance coverage. In the case of a loss, Fireman's Fund protects the school's green investment with broad coverage by allowing it to attain certification at one level above the certified green building level prior to the loss or damage.
