Environmental Insurance

Businesses continue to face tougher environmental laws and greater public scrutiny as the years go by. This is great for Mother Earth, but may be difficult for your business. So, when your business accidentally causes pollution, contamination or other environmental damage, it can be costly all around.

Clean-up operations are not usually covered by general business liability insurance, so you’ll need a special environmental insurance policy to protect your business.

Environmental insurance is particularly essential if you face long-term risks, such as historic contamination that results from business operations in the past, but causes damages now.

Many environmental insurance policies also cover the costs of defending claims, whether or not they result in a damages award. Additionally, holding environmental insurance for your business can even be a great public relations move–it shows you’ve given thought to the risks and have taken the advice insurers offer to reduce the likelihood of an incident.