"Electric vehicle charging stations will soon be an integral part of the American infrastructure, both at the workplace and in the home," said Liam E. McGee, The Hartford's chairman, president and chief executive officer. "Installing electric vehicle charging stations and providing insurance coverage for them demonstrates our support for developing the electric vehicle market and our commitment to a cleaner environment."
The Coulomb Technologies charging stations are managed by the ChargePoint® Network and can be used by Hartford employees free of charge.
"These new charging stations are an exciting and innovative way for The Hartford to show its commitment to Connecticut, its residents and the environment," said Connecticut Governor Dannel P. Malloy. "Promoting ways to increase our physical and environmental health and well-being helps to improve our overall quality of life, makes Connecticut a more desirable place to do business and puts us on a path to a more sustainable future."
In conjunction with the EV charger installations, The Hartford is enhancing its homeowners insurance products with several new green features, including:
- EV Charger Coverage — Updating products to clearly include home-based EV chargers as covered property for new and existing customers.
- Green Rebuilding Coverage — Offers additional coverage for using environmentally-friendly materials or processes to make repairs after a covered loss or making necessary replacements with more energy-efficient or environmentally-friendly property. These optional features will be widely available by the end of the year.
More information on The Hartford's commitment to sustainability and environmental stewardship is available in the company's Statement on Climate Change and Sustainability Report and at the Carbon Disclosure Project, which has recognized The Hartford on its Carbon Disclosure Leadership Index for the last three years.
About The Hartford
Celebrating 200 years of helping its customers achieve what's ahead, The Hartford (NYSE: HIG) is an insurance and wealth management company. Through its unique focus on customer needs, the company serves businesses and consumers by providing the products and solutions they need to protect their assets and income from risks and manage their wealth and retirement needs. A Fortune 100 company, The Hartford is recognized widely for its service expertise and as one of the world's most ethical companies. More information on the company and its financial performance is available at www.thehartford.com.
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our Quarterly Reports on Form 10-Q, our 2010 Annual Report on Form 10-K and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.