Environmental Liability Insurance Quotes
Environmental liability insurance for corporations helps protect your business from risks that are often excluded by the common liability or property policy. Depending on the specific nature of your operations, you may need environmental liability coverage tailored to your specific environmental or pollution related risk. Environmental liability insurance is an essential part of your comprehensive business insurance portfolio, whether your exposure is immediate, or if a claim may develop in the future. If you already have a policy, you should review it periodically to make sure it is up to date. As your operations expand, it’s a wise idea to increase your coverage limits and reduce your exposure to claims.
You can use our quote services to get free quotes for environmental liability insurance in one minute.
Who Needs Environmental Liability Insurance?
You need environmental liability insurance if:
- Your clients require it as a condition of doing business with you
- Your state insurance commission requires it
- Your business operates in any of the following industries (list not exhaustive):
- Health Care Facilities
- Food Distribution
- Education (schools and universities)
What Environmental Liability Risks Does Your Firm Face?
Thankfully, environmental-related occurrences don’t happen all too often. Unfortunately, when they do, the are typically catastrophic, and can be quite expensive. To make things even more complicated, these occurrences can be sudden, or insidious in nature, whereby they gradually manifest themselves over time. Its often stated that all construction or commercial companies have at least, one environmental liability risk. A number that is set to increase given the spotlight on federal and state regulation enacted to help protect the environment. Whether it’s a visible pollution risk such as utilizing a hazardous chemical in normal operations, or a hidden one, such as, a leak that over time damages property; obtaining adequate environmental liability coverage for your firm will protect you against claims, judgments and court costs up to the limit of your policy.
Things To Think About
Environmental risks can be elusive in nature and are not always as visible and immediate as a risk such as a car accident. In addition, there is very little regulatory oversight of the coverage. As a result, there is no common form, and several different types of policies are in the market. When evaluating a potential environmental liability policy, ensure you note the exclusions currently on your liability or property policy, and craft your policy specifically for the nature of your operations.
Affordable Quotes For Environmental Liability Insurance
When considering environmental liability coverage, make sure to evaluate the limits needed for your associated risk. The amount of coverage you need will depend on several factors; such as the size of your operations, locations of your operations, and the materials you typically utilize during operations.
You can get competitive quotes from one or more environmental liability insurance companies by using our free quote service here. If you don’t wish to purchase insurance now, please leave your expiration date on the form provided. When your expiration date is closer, you will be contacted so that you can comparison shop for environmental liability insurance at that time.
Protect your business from exposure to risk. Use the form at the top of this page to get quotes for environmental liability insurance now.