Speaking of promoting conservation and sustainability, this press release from AIG caught my attention:
LexElite Eco-Homeowner, available as an endorsement to the LexElite® homeowner policy, responds to the unique risks faced by homeowners who generate their own power and feed surplus energy back into the local power grid. If a homeowner’s alternative-energy system has a covered outage, LexElite Eco-Homeowner will protect the homeowner against lost income generated from selling surplus energy back to the local energy company and will cover the extra expenses incurred to purchase replacement electricity. LexElite Eco-Homeowner also covers expenses for inspection, re-connection or permitting fees assessed by a utility or governmental authority when the homeowner’s alternative energy system is brought back online.
In addition, LexElite Eco-Homeowner enhances the coverage for eco-landscaping. Plantings considered eco-landscaping will be covered at 10 percent of the aggregate limit of the home, double the limit of a typical homeowner policy. The policy also increases the per-tree sub-limit from $500 to $5,000.
I suppose I should feel guilty for saying this of a competitor…but dang that’s cool.