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Environmental Liability Insurance

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Specialty Insurance to Protect Against Environmental Exposures

Environmental liability is a complex issue that can impact every part of your business. From your team to your property, the potential for pollution-related risks is significant. Brown & Brown provides specialized insurance products designed to help you manage and mitigate these environmental exposures effectively.

Understanding Environmental Liability and Business Risk Exposure

Navigating the shifting landscape of environmental liability is a challenge for any business. You face unique risks that require careful consideration, from potential pollution events to emerging contaminants and evolving regulations. A single incident can lead to complex issues, including steep remediation costs, property damage, and bodily injury claims.

Your operations may also carry risks from pre-existing contamination, events during transportation, or issues at non-owned disposal sites. Understanding and managing these exposures is essential to protect your financial stability and reputation.

Specialized Environmental Coverage and Risk Management Support

Brown & Brown believes in a proactive, specialized approach to your insurance needs. A review of your coverage will include:

  • Audit and review: Analyzing your existing programs to identify potential gaps in coverage and find opportunities for improvement.
  • Identify enterprise-level issues: Identifying and understanding your high-level risks and explore options for risk transfer, management, and control.
  • Enhance your policy: A review of your current insurance program to confirm appropriate limits and, if necessary, an increase in sub-limits to strengthen your coverage.
  • Evaluate pandemic-related coverage: Checking your current policy for pandemic-related provisions and, if not included, identifying risks and suggesting loss mitigation solutions.
  • Explore alternatives: Identifying possible alternative risk transfer mechanisms, including captives and risk retention groups, to find options that meet your needs.
  • Environmental risk analysis report: Our tailored report specifically identifies risk associated with your site(s) and operations, recommendations, specific claims trends in your industry and a preliminary indication.
  • Combined package programs: We offer integrated programs that combine environmental, general liability, and professional coverage for streamlined protection.

Tailored Environmental Insurance Solutions for Complete Protection

No two businesses are the same; therefore, Brown & Brown’s environmental liability insurance offerings are customizable to meet your specific needs. With solutions that cover various possibilities, you will have an insurance program built to help protect you from a wide range of risks.

Our tailored solutions include:  

Environmental Professional Liability Insurance

This specialized insurance addresses the unique risks of pollution and environmental conditions, offering tailored coverage for professionals like consultants and contractors. Unlike standard liability policies, it requires customization to cover costly claims and protect businesses.

Pollution Legal Liability

Protects businesses from environmental risks, including clean-up costs, legal defense, and regulatory changes. Tailored policies are designed to meet local regulatory requirements and address unique site challenges, helping reduce legacy and operational costs.

Remediation Cost Cap

Protects against cost overruns in long-term remediation projects, with policies based on stringent underwriting of remedial action plans (RAP). 

Secured Creditor Protection

Covers lending institutions from financial losses due to borrower defaults and unexpected environmental liabilities, including remediation, property damage, and legal defense.

Contractors Pollution Liability (CPL)

This offers essential protection for contractors against third-party claims of bodily injury or property damage caused by their work. These policies include legal defense within their limits and can be written to cover contractors, project owners, and all tiered subcontractors, property managers, offering comprehensive protection.

Additional coverages, such as natural resource damage, mold, transportation, and non-owned disposal sites, can be tailored to meet specific needs. Policies can span up to 10 years and align with project timelines, offering flexibility for individual projects and ongoing operations.

Underground Storage Tank Insurance (UST)

This coverage has been available for over 25 years to meet financial assurance requirements. These programs typically include protection for clean-up costs, corrective actions, and third-party claims for bodily injury or property damage caused by pollution.
However, since environmental regulations and coverage details vary by state, it’s crucial to select a UST insurance program tailored to your specific location and tank type.

Environmental Liability Insurance by Industry

Every industry faces distinct environmental challenges making environmental liability insurance an essential component of your insurance program.

Sectors like healthcare, private equity, manufacturing, and higher education require tailored insurance solutions designed to protect operations, reputations, and financial stability. Discover how specialized coverage can address exposures like pollution, remediation, and compliance across diverse industries.

Real estate firms and real estate investment trusts (REITs) navigate risks tied to property acquisition, development, and management. Their environmental exposures could include legacy contamination, indoor air quality issues, and emerging pollutants. Learn how comprehensive coverage can help protect your investments, reputation, and bottom line. 

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Connect with Brown & Brown

Brown & Brown understands the long-term nature of environmental risks, regulatory requirements, and the unique challenges facing businesses, contractors, and lenders. Gain the specialist approach you need to navigate this complex area with confidence.

Schedule a consultation with our Brown & Brown environmental specialists to discuss coverage options designed around your operations. Learn how Brown & Brown can help protect your business from environmental exposures through tailored insurance programs and proactive risk management solutions.

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