Insurance that’s Good for your Finances and the Environment

We all like to look after the health of our finances and a bonus in doing so, is doing your bit for the environment. If and where possible, grabbing an insurance policy that attends to you moral conscience as well as being kind to your pocket is a good thing.

There is much contemporary pressure to get a good value cover for your home. Last month, for example, the Environment Agency reported that one in six homes are at risk of flooding, while in April, London police revealed a 4% increase in domestic burglaries throughout the UK.  And, alternative housing is costly: imagine the destructions caused by fire, flooding or storms; a temporary place to live will be crucial. In the event of theft, too, you might need to take legal action and a building insurance plan will need to provide cover for the massive expenses which such legal interventions incur and look for optional Accidental Damage Charge - this means you can decide for yourself whether you want to insure against loss or damage incurred by minor mishaps.

It is advisable to scan the net for policies that fit the bill – browsing the web brings you to insurers like Co-operative Insurance, who offer as much as £500,000 cover for the re-building of the basic structure of your home. This includes roofs, walls and fences as well as sheds and outhouses. And the cover also includes the permanent fixtures in your home, such as windows, solar panels and greenhouses. In addition, the plan includes £20,000 for the cost of alternative housing.  

Co-operative Insurance is established as being ethically aware and environmentally friendly. Co-operative Insurance has created a customer-led “Ethical Engagement Policy.” This is a policy that allows the company to approach and improve other major businesses in relation to environmental issues which are of concern to customers, for example, climate change, animal welfare and human rights. As a major investor, Co-operative Insurance meets with the companies with which it works and encourages them to be aware of ethical issues and to adapt their policies accordingly. It’s a policy that aims to protect your own home as well as the world in which you live – visit their site to see how their buildings insurance benefits both you, and the environment.