In addition to basic property and casualty insurance, pollution liability insurance provides protection against pollution that is not usually covered by standard policies. Construction contractors, commercial real estate businesses, financial institutions and a variety of other sectors can all benefit from this policy.
A contaminated site can cause losses and/or damages, such as claims for bodily injury, property damage, and cleanup fees, whether it is an existing building or a future construction project. Businesses can mitigate these risks and address problems as they arise with Contractor’s Pollution Liability Insurance.
Companies can also take advantage of Pollution Liability Insurance at a time when environmental concerns are influencing business practices and influencing global debate. A business’s management of environmental issues can impact its profitability and reputation.