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Thanks Scott Alden.
With gas and -- still -- their record highs more people are turning to the sixteen billion dollar green housing market for solutions to their energy woes.
Echo friendly homes -- 40% less energy -- 50% less water that means those homeowners have thousands of dollars they save a year utility bills.
Apartment on insurance -- and underserved market when they see one.
Department is the first is sure to -- green homeowner's insurance Aaron out -- the senior director of marketing at -- on -- with -- First and foremost what is marine insurance.
Green homeowners -- -- we're really excited to offer the first screen homeowners insurance from the market.
And what it does -- at two things.
It provides an upgrade to people who are not.
Two homes there are being green per the US GB -- which is the US green building council.
Standards this purchasing so what you're saying is that if I don't have a great home I can still -- -- home insurance exactly this actually an option that allows you to upgrade.
To green in the event of a lot so let's say you have a kitchen fire in your home.
We would actually allow you to use stuff Fort Stewart certified -- in re bringing the home.
We would make sure that you're using.
Non toxic paints and finishes in that home make sure your appliances were upgraded to Energy Star appliances.
So that it's all in compliance with some of the the standards that are set by -- with his leadership in environmental energy and design which makes for a -- home.
Okay now how much more is that doors -- more than just regular homeowners insurance there isn't a cost associated with the upgrade and it is relatively inexpensive it's it's inexpensive it's -- little -- 25 dollars a year.
And it can be up to 600 dollars figured depending on the value of your home.
So is that more and more or less though the revelers are almost almost as it's slightly more than regular insurance.
Fairway I would ask you you know this year has been really did horrific we've had a -- -- -- natural disasters.
The wild flowers and in California the flooding in the midwest.
Has that impacted your company so far.
That has not been the big focus of the of the green insurance that definitely green insurance.
Is one of the motivations behind it is the climate change and and the differences that we're seeing in some of the weather patterns.
But the green insurance is actually we were motivated.
Because we offer it any on our commercial business side -- and expertise and experience in that area that but thank you very much congratulations for being the.
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