• Environmental liability

Environmental liability insurance

In the current legal climate, business owners have greater responsibility for the environment. The ‘polluter pays’ principle could make your business liable for the costs of environmental remediation.

Remediation techniques like excavation, dredging, and soil vapour extraction are usually protracted and expensive.

And if the first attempt does not succeed: the cost of complementary, and compensatory, remediation - when the primary remediation does not fully restore damage - can be imposed on the polluter.

Environmental liability insurance pays these associated costs, as well as those of removing risks to human health and restoring the condition of wildlife and habitats, air quality and water.

Did you know?

Environmental liability insurance is not just for businesses that handle contaminants? If your business performs work on a site where contaminants are present, the actions of your business could incur responsibility for environmental damage.

Contact your local office