Consumers saving money on homeowners insurance despite climate change concerns

Amid growing concern about climate change and its potential to inflict billions of dollars in damage, consumers may be able to save money on their homeowners insurance while also cutting down on their energy costs.

A report by Dow Jones Newswires notes that the insurance industry is becoming increasingly receptive to measures that can benefit policyholders while attempting to reduce its own risks as they relate to climate change.

The news organization notes that large insurers are now required to disclose information to regulators and investors about potential payout risks related to climate change.

Dow Jones also cited information from Ceres, an environmental coalition, showing that insurance companies have doubled the number of incentives they offer policyholders when it comes to green investments. For example, some homeowners may now find themselves eligible for discounts based on energy efficient buildings and renewable energy systems.

With these things in mind, consumers with homeowners insurance policies may want to check with their companies to see what, if any such incentives they offer. This is especially true considering recent government tax incentives that allow such investments to pay for themselves faster than ever.

For more on protecting your investments with homeowners insurance, visit InsureMe.com today.