Protect your business from environmental risks with comprehensive pollution liability insurance.
Pollution liability insurance is a specialty insurance that covers the costs associated with cleanup, restoration, and legal expenses following an environmental accident. Depending on the policy, it may also cover third-party bodily injury, property damage, and business interruption losses.
The type of pollutants an environmental liability insurance policy covers can vary, but typically, it will cover hazardous substances, chemicals, oil spills, and other contaminants that may harm the environment.
Site-specific environmental impairment liability (EIL) insurance is coverage for a specific location or construction site.
By design, environmental impairment liability insurance protects businesses from the financial hardship associated with environmental damage that occurs at a particular site. The benefit of this type of policy is that it is tailored to the specific environmental risks a business may face at a particular site location.
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Businesses that have potential environmental risks associated with their operations are often required to carry environmental liability insurance. Industries such as manufacturing, construction, waste management, transportation, and energy seek out pollution insurance coverage as part of their risk management strategy.
Business leaders in these industries often seek out the expertise and advice of an experienced insurance broker who helps them assess a business's risk accurately and choose the right coverage options.
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