Before the 1970s, many businesses were covered for pollution claims in standard business insurance. However, as a result of a rising number of claims, this type of coverage was eliminated from general policies and now needs to be purchased individually.
Pollution Insurance provides coverage for claims associated with clean-up costs, as well as covering injury to third parties, such as neighbors harmed by a release of toxic substances. Coverage for mold can be included to broaden the defined list of coverage pollutants. For instance, contractors may be subject to pollution liability claims if they spill oil or a chemical used in construction activities. Nail salons, spas and garages may inadvertently use dangerous products or may impact nearby businesses and homes, putting them at risk of liability claims.
Many businesses are underinsured for this type of eventuality, and this mistake can cause them to go bankrupt in the event of a claim. The reality is that just about any type of business can be subject to a pollution claim.
Securing Pollution Insurance for Your Company
The Upside to working with Gunn-Mowery is that we handle the details, leaving you free to focus on business. We can help you evaluate your pollution insurance needs and find budget-friendly solutions that offer you maximum protection. We work with a range of insurance companies, so we can bring you choices.
Gunn-Mowery can find you pollution insurance coverage that protects you in the event of a spill, catastrophe or claim. We will find you insurance that covers cleanup costs, legal defense costs and more. If you ever need to make a claim, we can save you the time you would need to spend on the phone with large insurance companies.
Keeping you covered.
Even a relatively small escape of pollutants can cost thousands of dollars in clean-up expense. Gunn-Mowery’s experience within the construction industry has sharpened our focus on protecting those businesses at risk. The Upside is having experts by your side you can trust.
To get coverage, contact Gunn-Mowery for a free quote or contact us with your questions about your insurance needs.