Pollution Liability

Pollution Liability Insurance, also known as Environmental Insurance or Environmental Impairment Liability Insurance, is a specialised type of coverage designed to protect businesses from financial losses and legal liabilities associated with pollution-related incidents and environmental damage.

Description

This insurance helps cover expenses related to clean-up, remediation, legal defence and potential liability claims arising from pollution, contamination, or other environmental events caused by the insured's operations. Pollution Liability Insurance typically provides coverage for various aspects of environmental risks, including Clean-up and Remediation Costs,Third-Party Liability and First-Party Coverage.

Cost

The cost of Pollution Liability Insurance varies based on factors such as the industry, the type of business, the extent of operations, the potential for pollution or contamination, the location of the business, and the desired coverage level. Industries with higher environmental risks, such as manufacturing or waste management, may have higher premiums. Larger businesses with more substantial operations and a greater potential for environmental impact might need higher coverage limits and may face higher insurance premiums.

Requirements

Pollution Liability Insurance is not universally mandated in the UK, but it may be required by regulators, lenders, or contractual agreements in specific circumstances. Businesses operating in environmentally sensitive industries or locations are more likely to consider obtaining Pollution Liability Insurance due to potential regulatory scrutiny. As environmental regulations evolve and businesses recognise their environmental responsibilities,

Speak to our Pollution Liability

Expert Advisor

We understand the importance of having easy and accessible ways to get in touch with us. That’s why we’re excited to offer you a way to connect directly with our Senior Team quickly and conveniently.

Nicola Wyatt

Senior Insurance Practitioner

Renewal approaching?

Let’s chat about your coverage. Get in touch now!

PROVIDE INFORMATION HERE