Pollution occurrences are far too common these days, ranging from automobile accidents with hazardous cargo, to discovery of long term seepage on a parcel of land. Over the last two hundred years, the by products of industry were released throughout the United States in the form of chemicals, petroleum products, and other hazardous waste. In many cases, these pollutants are not discovered until the sale of a property and/or the development of land reveals what lies beneath. Today, the environment is surrounded by potential pollutants from industry and transportation, and the risk of a sudden discharge is always a possibility. Pollution Liability Insurance, also known as Environmental Insurance, covers the legal responsibility from pollution, and is offered in several different categories for specified applications. It can cover pollution risk for real estate transactions, off site spills for transporters, storage tank exposures, and cleanup cost cap applications to name a few.
Pollution Liability Insurance is offered by a short list of insurance carriers that each feature their own policy forms. As such, it is important to note the differences in the forms, as well as the premium quotations offered. Thomas Gregory Associates maintains relationships with all carriers that provide pollution liability insurance, and have the means to provide clients with the most competitive solutions.