Environmental Contractors

There are several niche industries that we forget about even though they provide the nation with needed services. If you work as an environmental contractor, you may not realize that there are specialized insurance policies designed just for you. 

Due to the nature of your work, you need an insurance expert and policy that addresses your needs and helps you avoid costly claims. Read further to learn how environmental contractors insurance works and why you should purchase a policy today.

What Does Environmental Contractors’ Insurance Cover?

When you purchase an environmental contractors insurance policy, you are buying into several types of coverage that include:

  • Contractors pollution liability
  • Professional liability
  • Site pollution liability
  • Workers’ compensation
  • Commercial auto
  • Follow form excess liability

While the majority of this insurance coverage is self-explanatory, remember that you should discuss the amount of coverage you need with an insurance agent, based on the scope of your business.

Types of Environmental Contractor Insurance

The varying types of environmental contracting insurance cover you from all angles, depending on the sort of work your business does.

Contractors pollution liability protects you from claims that your business has violated standing pollution regulations, especially if the claimant wishes to sue.

Professional liability insurance protects you against claims that your professional services were inadequate or caused injury or illness. In short, it provides assistance and monetary support during personal injury or malpractice lawsuits.

Site pollution liability coverage handles all claims specific to worksites. Remember, the contractors pollution liability coverage above might protect you when someone miles away claims the pollution you created caused their injury or illness.

Workers’ compensation is required under state law, and your employees deserve a robust and thorough policy that protects them when they suffer through injuries, disability, and/or lost income.

Commercial auto coverage is required for work vehicles and personal vehicles used for work.

Additionally, you should look into “follow form” excess liability coverage that goes far beyond traditional lines of environmental insurance. While no one wants to think that they could be involved in a massive environmental episode, it could happen, and you need a powerful insurance policy that can protect your business from what could prove to be a catastrophic claim.

Who Needs Environmental Insurance Coverage?

According to the Insurance Information Institute, environmental insurance covers:

  • Consultants
  • Contractors
  • Testing

Environmental contractor insurance also covers several subcategories, many of which you might not have considered. You should be especially thoughtful about your insurance if you provide one of these services while the majority of your business works in an otherwise “traditional” category.

Generally, environmental contractors include:

  • Asbestos abatement specialists
  • Environmental consultants
  • Wastewater treatment plants and contractors
  • Indoor air quality technicians
  • Regulatory compliance professionals
  • Mold abatement specialists
  • Soil and groundwater remediation teams
  • Lead abatement and removal crews
  • Storage tank contractors
  • Emergency response teams
  • Environmental laboratories
  • Fire and water restoration crews
  • Industrial cleaners
  • Biosolid contractors
  • Environmental drilling and sampling companies

If you work directly or indirectly in these fields, you need environmental insurance coverage. Full stop.

Sit down with an agent to discuss how you might add this level of coverage to your business owners policy, commercial liability policy, etc.

Reach Out for Assistance With Environmental Contractors Insurance

For more information on environmental contractors or to discuss an account opportunity, please contact us. We’re happy to explain this type of coverage, why you need environmental contractors insurance, or review your current policy.