Check out this breakdown on Pollution Liability Insurance from one of our Risk Advisors, Anya! Reach out to our team with questions or to add this to your policy.
Attention contractors - do you carry pollution liability insurance? Do you only carry it for a specific project due to a contractual requirement or do you have it as an overall risk management tool for day-to-day pollution risks that can happen unexpectedly? Are you aware, within the Commercial General Liability (CGL) insurance policy the CG0001 form exclusion F typically refers to a specific exclusion... Exclusion F often excludes coverage for pollution-related liabilities. Simplified - Exclusion F typically states that the insurance policy does not cover bodily injury or property damage arising out of the actual, alleged, or threatened discharge, dispersal, seepage, migration, release, or escape of pollutants. "Pollutants" usually refer to any solid, liquid, gaseous, or thermal irritant or contaminant, including smoke, vapor, soot, fumes, acids, alkalis, chemicals, and waste. This exclusion is significant because it removes coverage for one of the most common and potentially costly liabilities a business might face—pollution-related incidents. However, it's essential to review the specific terms and conditions of your insurance policy, as exclusions can vary between policies and insurance providers. If you have questions or are considering a comprehensive review of your insurance, feel free to reach out.