Pollution Liability Insurance

1. Pollution Liability Insurance Everything you need to know

2. Pollution Liability Insurance • Type of commercial insurance that provides coverage for costs and damage claims associated with pollution caused by a business. •  Includes coverage for costs resulting from pollution clean-up. • Provides coverage for liability claims for injuries, illnesses, or deaths caused due to pollution.

3. Coverages provided by Pollution Insurance There two type of coverage forms available for this policy. First-party coverage: Premises pollution liability included in pollution liability coverage provides coverage for the claims associated with a pollution condition on the property. Third-party coverage: Third-party coverage is a type of coverage available for the parties other than the business itself for the losses they face. 

4. Coverages provided by Pollution Insurance

5. Common exclusions of Pollution liability insurance • Intentional acts • Negligence or non-compliance • Failure to maintain insurance • Employer’s liability • Product liability • Fine and penalties • Vehicles • Known conditions • Cross-liability coverage

6. Endorsement of Pollution liability insurance • Asbestos: Insureds can add coverage for pollution resulting from lead and asbestos in their existing pollution insurance policy with the help of an endorsement.    • Transportation and disposal of hazardous waste: Coverage for pollution claims for disposing of hazardous materials is available as an endorsement.

7. Types of insurance that include pollution liability insurance

8. Factors that determine the cost of pollution liability insurance The type of business Use of chemicals and hazardous materials The disposal method of hazardous waste  The geographic location of the business Construction of the business’s building Occupancy history of the property Claims history