Environmental Contractors, Remediation Contractors, and those in Oil & Gas/Oilfield/Energy and Building Construction face unique risks due to their operations. A package policy combining commercial general liability (CGL), professional errors & omissions (E&O), and contractors pollution liability (CPL) is essential for these industries.
CGL is a fundamental coverage that protects businesses from third-party claims for bodily injury and property damage arising from premises, job site operations, products, completed operations, and advertising.
In states like Texas and California, clients often require a Certificate of Insurance (COI) naming their company as "Additional Insured." This typically applies to core coverages: General Liability, Commercial Auto, and Workers Comp.
Environmental Liability insurance is a specialized policy that covers general liability, errors & omissions, and pollution liability for remediation costs stemming from covered events.
Environmental Liability Insurance is crucial for contractors operating in industries with environmental risks. It provides protection against potential liabilities and financial losses. By understanding your specific needs and tailoring your coverage accordingly, you can mitigate risks and ensure your business is adequately protected.