Comprehensive Environmental Liability Insurance in Ontario
Be Informed and Protect Yourself from Sudden Risks
If your company deals with hazardous materials regularly or even just on an occasional basis, it’s impossible to guarantee that those materials won’t be leaked into the land, air or water as a result of human error or an equipment breakdown. If you’re not prepared, the resulting fines and mandated clean-up can bankrupt your business. That’s why you need pollution and environmental liability insurance.
Do you really want to take the chance that a simple mistake or equipment failure can destroy all that you’ve worked to build?
What is pollution and environmental liability insurance?
Environmental Liability Insurance provides protection when contaminants have been released into the environment, causing bodily injury and/or, property damage. Coverage can be extended to include remediation (removal) expenses.
Just a few examples include hazardous materials being released into local waterways due to cracked piping, CO2 and other toxic gases being emitted into the atmosphere via improperly-installed vents and proper hazardous material handling procedures not being followed by a contractor you hired to do work on your site.
Available Environmental Liability Insurance Coverages
At CCV Insurance, we understand that no two businesses are alike. That’s why we tailor our coverage to fit your specific needs. Some of the available coverages include:
- Sudden & Accidental Pollution – addresses sudden, unintended and unexpected pollution events and includes a time element requirement. Bodily Injury and Property Damage must be found and reported within this predetermined time frame.
- Gradual/Broad Form Pollution – addresses problems that develop over time and may not be discovered right away.
- First-Party Coverage (Site Pollution)– coverage for contamination of an insured’s property from external or on-site sources
- Third-Party Coverage – extended to provide liability to a third party for contamination of air, land or water due to the release of hazardous materials from the insured site
The environmental liability insurance brokers at CCV are experts in Ontario insurance and providing our clients with optimal protection is our top priority.
To learn more about protecting your company from the fines and clean-up expenses that can result from a hazardous material leak, and to get a free pollution and environmental liability insurance quote, contact CCV Insurance today!