Energy Efficiency May Bring Home Insurance Discounts

02/12/2010

Investing in energy efficiency upgrades can result in several financial benefits, including lower heating bills, higher property values, and discounts on home insurance rates.

Those who made such upgrades last year will also be able to benefit from certain tax incentives contained in last year's federal stimulus bill.

With these things in mind, a piece in U.S. News and World Report recently laid out some of the most popular and effective options that people can consider when they seek to achieve greater energy efficiency.

A good place to start is with an energy-efficiency audit of one's house to identify any problem areas that could result in wasted money. The magazine cites the importance of sealing up any air leaks, and keeping the house well insulated, especially upstairs.

The U.S. News article cites other common pointers, such as installing energy-efficient windows and doors, as well programmable thermostats. Efficient heating systems also help save money and provide environmental benefits.

Those who do make such investments should remember to check with their home insurance company about any applicable discounts. People can also generally save money on their premiums by upgrading their home's safety and security features.

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