Environmental liability for any size risk
Environmental pollution risks are usually complex. Some pollution incidents can result from a sudden and accidental event while others may develop slowly and take years to be discovered.
Contractors Pollution Liability (CPL)
General and specialty trade contractors face many pollution risks stemming from operations at their job sites. These include contaminated soil disposal and the accidental release of fuel oil, chemicals and/or toxic gases from broken pipelines, utilities and stationary and mobile fuel tanks.
Contractors Pollution Liability provides coverage for third-party claims for bodily injury and/or property damage. It will also help cover the cost of remediation stemming from pollution incidents resulting from the contractor’s covered operations.
You may customize the policy by adding off-site transportation coverage and exposures at non-owned locations.
Monoline CPL available limits and minimum premiums from Westchester/Chubb:
|
LIMITS |
Min. Premiums |
|
$1,000,000/$1,000,000 |
$1,250 |
|
$1,000,000/$2,000,000 |
$1,500 |
|
$2,000,000/$2,000,000 |
$2,500 |
|
$3,000,000/$3,000,000 |
$3,500 |
|
$4,000,000/$4,000,000 |
$4,750 |
|
$5,000,000/$5,000,000 |
$6,000 |
|
$5,000,000/$10,000,000 |
$9,000 |
Premises & Storage Tank Pollution Liability
Pollution Liability isn’t just a concern for contactors. Manufacturers, automobile/truck dealers, gas stations, convenience stores, medical/dental offices, printers, dry cleaning operations, etc., all have the potential to experience an environmental claim. Despite safety protocols that most business owners have in place, accidental spills still happen, just as above and below ground storage tanks may eventually leak.
Premises Pollution Liability appetite and minimum premium from Westchester/Chubb:
- Limits up to $2,000,000/$2,000,000
- One- and three-year policy terms
Examples of class appetite:
- Small agricultural risks
- Farm and ranch less than 100 acres, plant nurseries
- Apartments no more than 2 locations/condo association
- Oil change/mini lube/auto repair/auto dealership
- Strip mall
- Self-storage facility
- General commodity warehouse – no chemical storage
- Golf course
- Marina
- Medical/dental office (no hospitals)
Many other classes are available.
Monoline PPL available limits and minimum premiums for Westchester/Chubb:
|
LIMITS |
Min. Premiums |
|
$250,000/$250,000 |
$950 |
|
$250,000/$500,000 |
$1,250 |
|
$500,000/$500,000 |
$1,500 |
|
$500,000/$1,000,000 |
$1,750 |
|
$1,000,000/$1,000,000 |
$2,000 |
|
$1,000,000/$2,000,000 |
$2,500 |
|
$2,000,000/$2,000,000 |
$3,750 |
Monoline Storage Tank Pollution Liability available limits, minimum premium and restrictions from Chubb:
|
Program |
What’s Covered |
Limits/Premiums/Deductibles |
Eligible Classes |
Restrictions |
Application |
|
TankSafe Program |
Third-party BI/PD liability resulting from pollution incidents involving above ground and underground storage tanks.
|
Limits: $500,000/$1 million, up to $5 million/$5 million
Minimum Premium: $350
Minimum Deductible: $5,000 |
All Motorists Insurance Group acceptable classes |
Above & below ground tanks over 30 years old
Tank capacity > 49,999 gals |
PF-31408 |
MCM Insurance Agency, Inc.
MCM Insurance Agency works with Chubb and other insurance companies and brokers to offer products specifically designed for your customers’ pollution liability needs. Give us a call to discuss a particular risk or feel free to email your submission to Mike or Ted.
Mike Styba: 952-939-4539, michael.styba@mcminsurance.com
Ted Peters: 952-930-2262, ted.peters@mcminsurance.com
Watch this video to learn more about MCM Agency.