Green upgrades coverage

{
  "id": "MLC-T-INS-001657",
  "term": "Green upgrades coverage",
  "field": "Insurance and risk management",
  "definition": "An optional endorsement or feature in property insurance policies that provides additional funds to repair or rebuild damaged property with environmentally friendly materials or technologies. This coverage allows policyholders to replace conventional building components with more energy-efficient or sustainable alternatives after a covered loss. It supports the adoption of green building practices by covering the increased costs associated with such upgrades.",
  "url": "https://mlchart.com/terminology/insurance/green-upgrades-coverage/"
}