Specialty Areas | Environmental | Pollution Legal Liability

The "Pollution Legal Liability," "Environmental Site Liability" or "Environmental Impairment Liability" policy provides coverage for pollution conditions that arise from past or present operations at a fixed facility or location.

Buyers, sellers and their lending institutions may be added to an existing or new policy. Coverage can be structured for third party claims or discovery of pre-existing contamination.

Typical coverages afforded under the policy:

• Cleanup of pollution conditions both on and off-site
• Pre-existing conditions (both known and unknown conditions can be covered) 
• Bodily Injury
• Property Damage (including Natural Resource Damage)
• Business Interruption (optional)
• Non Owned Disposal and Transportation (optional)
• Mold (optional)

Practical Applications of the Policy: Speed and Transfer of Risk:

• In lieu of a Phase II
• In lieu of updating a Phase I
• In lieu of indemnification and escrow agreements
• Sometimes issued before a No Further Action Letter is available
• Transfers risk
• Assignable to other purchasers

Required Information:

• Environmental Reports (if available) - can be dated Phase I or II reports
• Completed Application
• Site Owner’s Financial Reports

Denver  |   800.813.0203