Pollution Liability Insurance
More often than not those that purchase Pollution Liability are required to do so due to a contract requirement. There are many exceptions to this but generally speaking, our agency provides this type of coverage when the customer has indicated that a new job has required them to purchase additional insurance coverages.
Limits of Insurance for Pollution Liability can be as low as $500,000 but typically $1,000,000 is the usual and customary. When the Department of Agriculture requests proof of pollution, pesticide, or professional liability, the limit is almost always $1,000,000 per occurrence.
Environmental Liability Insurance & Pollution Liability Insurance.
The Environmental Package Insurance Program
A typical benefit enjoyed from an Environmental Package Insurance Policy is a coverage provision that includes Pollution Liability Coverage. That is, when you purchase an Environmental Liability Insurance Policy, pollution coverage is usually included. Double check to make sure your Environmental Policy includes pollution coverage.
Environmental Package Policy Coverage Highlights :
- General Liability
- Pollution Liability
- Professional Liability
If you just have Pollution Coverage, you are just getting Pollution Insurance. The Environmental Package Policy provides a number of different coverage provisions designed for the classification that best describes your business. alone.
Insurance Types and Coverages available for Pollution Liability Insurance
Our Pollution Liability Insurance covers businesses against the financial and legal consequences of environmental pollution caused by their operations. Our policy covers a wide range of risks, including site-specific pollution, transportation pollution, and products pollution.
Examples of Pollution Liability Claims
Construction Site Pollution: A construction company’s excavation causes soil and water contamination due to the presence of hazardous materials. The company faces a pollution liability claim for the cost of cleanup and remediation, as well as potential legal action from affected parties.
Underground Storage Tank Leak: A gas station’s underground storage tank leaks, causing fuel to contaminate nearby soil and groundwater. The gas station faces a pollution liability claim for the cost of cleanup and remediation, as well as potential legal action from affected parties.
Chemical Release: A manufacturing plant experiences a chemical release due to a faulty valve, causing toxic chemicals to be released into the air. The chemical release leads to health problems for nearby residents, who file a pollution liability claim against the company for damages.
Oil Spill: An oil company’s pipeline ruptures, spilling thousands of gallons of oil into a nearby river. The spill causes significant environmental damage, including harm to wildlife and the loss of recreational activities for local residents. The company faces a pollution liability claim for the cost of cleanup and remediation, as well as potential legal action from affected parties.