"While green buildings have many positive benefits, there is also strong evidence surfacing to suggest a direct correlation between new products and innovative design with building failures," says Paul Roecker, an attorney with Orlando, Fla.-based Roetzel & Andress, who focuses his practice on environmental litigation.I'm sure many of us have never thought of the green homes and buildings as a liability, but they are. The truth is that many contractors, builders, and architects still don't fully understand the systems that are being installed and how to properly maintain them. It's an interesting thought. As we try and create homes that stray from simplicity, inducing complicated HVAC and electrical systems, water management, and synthetic insulation, we are stepping into a relatively untested world.
Still, I firmly believe that these flaws in green buildings need to exist to continue to move the industry forward. Just like any emerging technology, you want to get them to market quickly and safely, but to address and improve upon any defects as quickly as possible. With so many incentives to implement green features into buildings, people are taking advantage and buying whatever is on the market, so reliability of these products need to improve. Therefore, it's no surprise that insurers are coming up with green insurance coverage options.
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