One of key macro trends affecting your home insurance rates is the increased risk of climate change & its resulting impact on extreme weather events. Here for example is a chart from Allianz Global from on some of the costliest storms for the Insurance industry.
Of course, Post Sandy home insurance rates sky rocketed to sometimes more than $20,000 in rare cases. These rate increases are not just a post sandy phenomenon. Munich Re one of the largest re-insurance companies in the world put our research asserting that rising sea levels had increased the risk of catastrophic events.
To understand ...
Arizona, Nevada and Maryland were the top 3 states in the adoption of Energy star certified homes in 2013 at 48%, 28% & 24% respectively. Adoption is the percentage of Energy star certified homes of total homes built in 2013.
After the top 3 states, the following 9 states came next and had an adoption rate of more than 10%
North Carolina: 14.7%
New Hampshire: 13.2%
New Mexico: 10.7%
The performance of Arizona, Florida & North Carolina is especially notable since ...
Energy Star certified homes must be at least 30% more energy efficient than national guidelines or 15% more efficient than state guidelines, whichever is stricter. However, the process of certification requires a close co-ordination between the home owner, the builder & the energy rater.
Building science principles to get Energy Certifiedare multi faceted & home owners needs to familiarize themselves with different inter-related concepts including:
Comprehensive Thermal Enclosure System through air sealing, insulation, and high-performance windows
More energy efficient heating and cooling systems through High-efficiency systems that deliver better moisture control & improved indoor air quality
Water Management System to protect roofs ...
Arizona has one of the highest adoption of Energy Star certified homes at 48% of total homes in 2013. About 11, 500 homes were Energy Star certified in 2013 alone bringing the total to about 126,000. One of the key reasons behind any successful energy star programs is an incentive program to jump start & increase the adoption of making your house more energy efficient.
Here are some key Energy Star partnerships in Arizona to increase adoption rates: