We are all familiar with pollution, but how many of us are familiar with pollution liability insurance in Newark, DE? Probably not too many. That’s why the team at Broadbent Insurance, Inc. is providing this article. We’ll talk about this insurance and offer points to consider to help you decide if you need it.
The first thing we’re going to do is define pollution liability insurance. This is coverage that protects businesses that generate hazardous waste during operations. It is standard coverage for oil, construction, excavation, asbestos abatement, agribusiness, and waste disposal companies. If your business falls into one of these categories or generates dangerous waste through other processes, then you should have pollution liability insurance.
This coverage was included under commercial general liability policies but eventually became a separate product. Pollution insurance will protect your business in the case of an environmental clean-up or injury from hazardous waste exposure. It is extremely valuable for independent contractors and corporations alike.
We suggest you discuss this topic further with your insurance provider to determine if you need pollution liability insurance and the amount of coverage that would be best for your business.