A Contractors Pollution Insurance policy is designed to provide coverage for claims that arise from pollution incidents that occur during construction projects. This can even include third party claims. Here are some of the things that a Contractors Pollution Insurance policy may cover:
- Bodily Injury and Property Damage: This coverage can help protect against claims for bodily injury or property damage that arise as a result of pollution incidents during the course of construction work.
- Cleanup Costs: In the event of a pollution incident, the policy may cover the costs associated with cleanup and remediation efforts, including hiring a specialized cleanup crew and disposing of hazardous materials.
- Legal Defense Costs: The policy may cover the legal fees associated with defending against pollution-related claims, including attorney fees, court costs, and settlement costs.
- Environmental Liability: Contractors Pollution Insurance policies may also provide coverage for environmental liability, which can help protect against claims for damage to the natural environment or violations of environmental regulations.
It’s important to note that the specific coverage provided by a Contractors Pollution Insurance policy can vary depending on the policy terms and conditions, as well as the specific needs of the construction project. It’s important to work closely with your insurance broker to ensure that you have the appropriate coverage for your project and that you understand the specific terms and limitations of your policy.
