Pollution liability is important because it fills critical gaps in CGL and Property policies, satisfies contractual or regulatory requirements and can also be the linchpin in a successful real estate or M&A deal.
Why this coverage is valuable:
- Pollution legal liability policies provide coverage for pollution conditions that arise from past or present operations at a fixed facility or location — and can include cleanup, third-party bodily injury, third-property property damage, defense expenses, business interruption and more.
- Contractor’s pollution liability policy offer protection for contractors and subcontractors from pollution claims that arise from the performance of covered operations. Coverage can be on a program basis or project-specific and can include first and third-party cleanup costs, third-party bodily injury and property damage (including natural resource damages), defense expenses, mold and more.
Types of pollution insurance products:
- Contractor’s Pollution
- Pollution/Professional Package
- Construction Wraps
- Pollution Legal Liability/Premises Pollution
- Tank Liability
- Products Pollution
- Professional Package
- Lender Liability
- Cost Cap