Going Green Can Save You Green on…Insurance?

I’ve got to admit that insurance was not one of the first items on my mental list of ways to save green while going green. In fact, it didn’t even make my top ten.

But it turns out that insurance companies are realizing that many green choices are cost-effective over the long-term. that means many companies are offering lower insurance rates for both people and businesses making green choices including driving a hybrid vehicle or owning a green building.

Some companies have even added environmentally-friendly incentives such lower rates for reduced driving. If you have already cut back on your driving or you plan to, it is worth a call to your insurance company to see if they offer discounts for driving reductions.

For more information, see the Wall Street Journal. (BTW, I love that this article was in their Wealth Manager series the day after Earth Day!)

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