This specialty kind of business insurance is not necessary for all businesses, but for many it’s a key part of protecting themselves. In fact, there are multiple variants of Pollution Liability Insurance.
In most cases, these plans are intended to cover the cost of cleaning up pollutants that are left behind after an accident or spill. They can also cover cleanup costs for pollutants left behind by a former property owner or tenant.
Other policies are intended for new property owners, purchased so they have coverage in case pollutants are discovered on site that the previous owner did not disclose or was not aware of.
To learn more about this type of insurance and to see if it is a good fit for you, contact one of our JF Murray insurance professionals today.