About This Coverage

Environmental insurance is unusual in that it exists to fill gaps in coverage created by exclusions in other insurance policies - primarily commercial general liability and commercial property policies.
There are no industry standards for the coverages offered in an environmental insurance policy. As a result, the coverages offered between different environmental insurance policies vary a great deal, even within the same coverage line. In addition, because most environmental insurance policies are written in the excess and surplus lines insurance marketplace, there is little regulatory oversight of the coverage line.
Care needs to be exercised to ensure that a policy purporting to cover environmental exposures does in fact do so. Genuine environmental insurance needs to provide coverage for losses arising from the release or escape of pollutants.
Although there are other type of environmental impairment insurance policies, the commonly available ones are divided into three main types.

State Eligibility


Eligible State

State Not Available

Industries Available


  • Construction

  • Manufacturing

  • Transportation and Warehousing

  • Real Estate Rental and Leasing

  • Professional, Scientific, and Technical Services

  • Management of Companies and Enterprises

  • Administrative and Support

  • Health Care and Social Assistance

Coverage Limits


Up To

$25M

Minimums


  • Combined Liability policies: as low as $2,500 minimum premiums
  • Mono-line Pollution Liability policies: minimum premiums as low as $950

Key Features


COMBINED LIABILITY POLICIES

Coverages include general liability, contractor's pollution liability, and professional liability. Additional coverages which may be available for specific firms include: primary commercial auto, follow form excess, premises pollution liability, and products pollution liability.

  • Environmental Contractors
  • Environmental Consultants
  • Oil and Gas Contractors And Consultants
  • Product Manufacturers & Distributors

MONO-LINE POLLUTION LIABILITY POLICIES


    Coverages is for pollution liability only, which includes cleanup costs for pollution conditions. Additional enhancements may be available include: separate defense, first- and third-party transportation, non-owned disposal site coverage, and sudden accidental premises pollution coverage.

    • Non-Environmental Contractors
    • Project Specific
    • Fixed-Site Premises Pollution

    STORAGE TANK LIABILITY POLICIES


      These types of policies are applicable to owners of above or below (underground) storage tanks, commonly abbreviated as AST (Above-ground Storage Tank) and UST (Underground Storage Tank). One of the key features of these policies is the satisfaction of federal (e.g., EPA) and/or state requirements for financial responsibility.

      • AST Facilities
      • UST Facilities

      Preferred Classes


      ENVIRONMENTAL CONSULTANTS

      • Design of systems, protocols, or remedial action programs for the remediation or abatement of pollutants
      • Environmental compliance, permitting, training, or safety consulting services
      • Laboratory analysis of pollutants
      • Phase I, Phase II, or Phase III assessments, or remedial investigations
      • Project management of remediation activities
      • Storage tank and pipe integrity testing
      • Testing, monitoring, or conducting remedial feasibility studies of pollutants

      ENVIRONMENTAL CONTRACTORS

      • Construction or operation of landfills, recycling facilities, or other waste facilities
      • Installation or maintenance of testing, monitoring, or similar equipment
      • Installation, removal, or cleaning of above ground or underground tanks
      • Remediation or abatement of pollutants
      • Removal, excavation, containment, treatment, or neutralization of pollutants

      NON-ENVIRONMENTAL CONTRACTORS

      • Carpentry or Framing
      • Concrete
      • Demolition
      • Electrical
      • Excavation/Site Development
      • General Contracting/Construction Management
      • Insulation
      • Landscaping
      • Masonry
      • Mechanical/HVAC/Plumbing
      • Roofing
      • Street & Road

      OIL AND GAS CONTRACTORS AND CONSULTANTS

      • Contractors involved in construction, maintenance and repair work at energy projects (oilfields) with the exception of contractors involved in drilling and/or downhole operations
      • Professional firms that contract with well operators and owners for gathering, researching and analyzing information associated with the energy site. Does not include consultants responsible for direct supervision and project site control

      PRODUCT MANUFACTUERS & DISTRIBUTORS

      • Air/Water Filtration Equipment
      • Coatings - Paints, Varnishes
      • Compressors, Pumps
      • Containments Systems
      • Drums & Containers
      • Environmental Monitoring and Remediation Systems
      • Industrial Chemicals
      • Industrial Soaps, Detergents, Cleaners
      • Instruments, Gauges
      • Pipes, Pipe Fittings
      • Storage Tanks
      • Valves

      PROJECT SPECIFIC AND FIXED-SITE PREMISES

      • Brownfield and “Greenfield” Property Developers
      • Commercial, Multi-Family Residential, Retail, Hospitality, Mixed Use - Single Property Owners or Portfolios
      • Environmental Facilities; (i.e., Landfills, Transfer and Recycling Centers, TSDF’s)
      • Light and Heavy Manufacturing Facilities
      • Other Environmentally Complex Properties
      • Transportation Facilities - (i.e., Terminals, Airports, Marinas)

      STORAGE TANK LIABILITY

      • Airports
      • Auto Dealerships
      • Commercial/Industrial Facilities (i.e. Service Stations, Convenience Stores)
      • Hospitals
      • Manufacturing Plants
      • Municipalities
      • Schools, Colleges, Universities

      Restricted Classes


      ENVIRONMENTAL CONSULTANTS

      • Consultants with Greater than 50% Of Their Gross Revenues from Non-Environmental Operations & Services

      ENVIRONMENTAL CONTRACTORS

      • Contractors with Greater than 50% Of Their Gross Revenues from Non-Environmental Operations & Services

      OIL AND GAS CONTRACTORS AND CONSULTANTS

      • Downhole Operations
      • Hydraulic Fracturing
      • Downhole Equipment Sales & Rentals
      • Refinery/Chemical Plant Turnaround
      • Saltwater Disposal Wells

      PRODUCT MANUFACTUERS & DISTRIBUTORS

      • Medical Equipment
      • Hydraulic Fracturing and Oil/Gas Drilling Products
      • Food, Cosmetic and Pharmaceutical Related Products
      • Consumer Products
      • Aerospace Products

      PROJECT SPECIFIC AND FIXED-SITE PREMISES

      • Closure Post-Closure, or Reclamation Guarantees
      • Cost Cap
      • Metals Mining
      • Oil and Gas Leases or Operators

      STORAGE TANK LIABILITY

      • Underground Storage Tanks (USTs) and Aboveground Storage Tanks (ASTs) older than 30 years

      Eligible Vehicle Types


      Trucks

      Trailers

      Vans & PPVs

      Liability Coverages


      Underwriting Guidelines


      Additional Coverage Options


      Submission Requirements


      • ACORD applications
      • Applicable Environmental Supplemental Application
      • 5 - 10 years of currently valued company loss runs
      • Expiring Declarations
      • Send submissions to quotes@ospreyuw.com