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Pollution and Environmental Liability Insurance

Pollution & Environmental Liability Insurance

CGIS Offers Pollution Liability Coverage for Businesses

fire-pollution-insurance Pollution liability insurance protects and covers companies and small businesses in the event of bodily injury, property damage and cleanup costs as a result of the dispersal, release or escape of pollutants. No one likes to think their business could be responsible for releasing pollutants or doing environmental harm, but in the event of accidental pollution; environmental liability insurance is essential.

Environmental Liability Insurance can be divided into two main categories: First Party Coverage and Third Party Coverage.

First Party environmental liability coverage provides businesses with funding should they need to clean up after a spill or contamination. This kind of protection is necessary if your business uses any chemicals or hazardous waste that could potentially be leaked into the ground on your property. Essentially, first-party coverage funds required clean-up efforts. One of the main reasons that first party pollution and environmental liability coverage is so important is that when companies that cause environmental disasters go bankrupt, the victims can still be compensated.

drinking-water-pollutionPollution can take place in many different forms. Oil & chemical spills, gas leaks, drinking water contamination, release of toxic fumes due to a fire, the list is endless. Environmental and business impact of a pollution claim are far reaching and have severe consequences from a Local, State and Federal regulatory standpoint, not to mention the litigation from other business owners adversely affected.

Third Party pollution and environmental liability coverage protects businesses from any allegations that a pollutant from your facility has been released and/or adversely affected others. If, for example, the pollution from your company were to contaminate the public water supply, your third party coverage would protect you from any resulting lawsuits and other costs such as evacuation and damages. Third-party pollution insurance coverage could also protect you if your product causes pollution while it’s being transported by a third party, such as a cargo ship.

Below you’ll find some of the pollution and environmental liability insurance products that may be available to you:

  • Asbestos Abatement and/or Containment Liability
  • Cleanup Cost Cap
  • Contractors Pollution Liability
  • Environmental Protection Program Closure
  • Errors & Omissions
  • General Contractors Pollution Liability
  • Lead Abatement Contractors Liability
  • Owner Controlled Environmental Insurance
  • Owner’s Protective Professional & Environmental Liability
  • Owner’s Spill Liability
  • Pollution Legal Liability
  • Secured Creditor for Environmental Damages
  • Storage Tank Pollution Insurance
  • Supplemental Environmental Auto Liability

Customized Environmental Liability Insurance Policies

pollution-insuranceEnvironmental liability insurance policies can be customized to your specific business and industry-related risks: coverage can include a combination of pollution liability, environmental professional liability, contractor’s pollution liability, transporter insurance and storage tank pollution liability.

If you are trying to secure funding or investors, environmental impairment liability insurance can be used as a tool to assure lenders supporting the purchase or development of property, or to assure potential purchasers of your company, that unknown conditions are covered. The right combination of pollution and environmental liability coverage can protect your business from environmental claims, cleanup costs and claims of bodily injury or property damage.


Who Needs Pollution and Environmental Insurance?

Pollution and environmental liability insurance is especially important for companies servicing the oil, gas and nuclear energy industries, where there is a greater inherent risk of liability. Located in the heart of Deer Park, Texas, CGIS is expert at creating environmental liability packages for businesses in the energy industry.

But, pollution and environmental liability insurance should not just be limited to oil companies or nuclear plants. As environmental restrictions continue to tighten, more and more industries will benefit from environmental liability coverage. If you operate within any of the following industries, you should have some form of pollution and environmental coverage:

  • Energy (Oil, Gas, Nuclear)
  • Commercial Property Owners
  • Manufacturing and Processing
  • Healthcare (especially hospitals)
  • General and underground contractors
  • Disposal and Recycling Facilities
  • Municipalities
  • Amusement Parks
  • Any business with above-ground or underground storage tanks

CGIS: Your Local Pollution and Environmental Insurance Experts

At GGIS we are experts at helping to create the perfect pollution and environmental liability policy for your business. We’ll analyze your needs and risks alongside your budget and determine the right combination of coverage’s for you. We provide your business with easy-to-understand, cost-effective environmental insurance solutions customized to reflect both your business needs and industry standards.

Our goal is to protect our client’s assets and shareholder value. Our risk management and loss mitigation services complement our clients on a local, national and international level. We’re here to help protect your business. Contact us today for more information about environmental and pollution liability insurance coverage.


Call us today at 281-612-5974 for your FREE Pollution & Environmental Liability Insurance Risk Analysis