All contractors are under increasing pressure these days to avoid pollution and damage to the surrounding environment. However, nobody is under more pressure than those classified as environmental contractors.
If you are an individual environmental contractor or manage an environmental contractor company, there’s no time like the present to invest in in environmental contractor pollution liability insurance.
Understanding How and Why Environmental Contractors Can Be Sued
There are a lot of different things people can sue for when it comes to pollution caused by a contractor. Even when the most skilled and experienced contractors are on the job, there is always a risk of accidents happening or someone just making a human error. But in addition to pollution and environmental violations in general, you could be sued for any property damage, bodily injury, cleanup, etc. The point is that there are so many possible issues that can arise, and you need to be adequately prepared to handle them.
Why a General Liability Policy Is Not Enough
You may already have a general liability insurance policy, but the truth is that most general policies have only limited coverage when it comes to things like pollution, if at all. Because pollution claims often result in major financial costs, a pollution-specific liability policy is vital to making sure both you and your business survive in the event of a lawsuit. To make sure you get the coverage you need, it's best if you take some time and make a complete list of the size of your company, your employees and any specialized training or certifications they may have, the amount of projects you tend to take on annually, how much the projects are worth, etc. Then when you're ready, it's time to
sit down with an experienced environmental contractor’s liability insurance agent and explore your options.