Post Topic
Environmental / Construction Professional and Pollution Insurance
Why Reporting Delays Can Cost You Environmental Insurance Coverage
This article emphasizes the importance of timely reporting in environmental and construction professional insurance policies. The policies require the insured party to provide notice of a claim or coverage trigger “as soon as practicable.” Late reporting can cause issues for both the insured and the carrier, including altered site conditions, lost evidence, and difficulty in…
Environmental Insurance: Costs, Coverages, and Why Your Clients Need It
It may come as a shock to brokers and clients, but many pollution events are not covered by typical general liability (GL) or property insurance (PI) policies. That means that if an underground storage tank leaks or asbestos is inadvertently disturbed on your client’s site, they may not be covered for the cost of cleanup,…
When & Why Contractors Should Consider a Project-Specific CPL Insurance Policy
If you’re a commercial lines broker, you have undoubtedly handled construction-related accounts. Whether it’s for general contractors or trade contractors like electrical, plumbing, or roofers, you are probably well-versed in their practice policy needs. And while a practice policy can address most of your client’s needs, there are times when the project at hand calls…
The Benefits of Project-Specific Contractor’s Pollution Legal Liability Insurance
Construction projects require significant planning and resources. As the project progresses, one of the most important risk management practices is to ensure that everyone involved is adequately insured in case of a liability issue. Project-specific Contractor’s Pollution Legal Liability insurance (CPL) provides a unique opportunity to tailor an insurance policy to each construction project’s exact…
Expert Insights on Construction Pollution & Professional Insurance
Missed our recent webinar on marketing and selling Construction Pollution and Professional Insurance? Don’t worry. You can still catch up and learn valuable tips and strategies from our experts. Dive into our valuable tips and strategies, expanding your client base like never before! Don’t miss this opportunity to become a powerhouse in the insurance industry…
Environmental & Construction Professional Exposure Claim Scenarios You Need to Know About
This blog post will cover common scenarios and offer insights to help advisors recommend appropriate coverage for their clients. Staying informed can aid in protecting clients’ businesses from potential claims related to environmental and construction professional exposure. Gain critical insights by reading this post. GENERAL CONTRACTOR (GC) A GC under a design-build contract hired an…
Environmental and Construction Professional Insurance: FAQ
Are you an insurance broker struggling to find comprehensive environmental and construction professional insurance coverage for your clients? Our program may be the solution you’re looking for. We have compiled a list of FAQs below to help. What is Environmental and Construction Professional Insurance? Insurance provided under the program can be separated into two main…
5 Contractor’s Pollution Insurance Claim Scenarios Brokers Need to Know
As an insurance broker, you understand that the construction industry is fraught with risks, including potential environmental hazards. Pollution incidents can result in significant contractor liabilities, leading to costly claims, lawsuits, and a financial impact to the contractor’s bottom line. That’s why Contractor’s Pollution Legal Liability Insurance is critical for protecting your clients. In this…