
Pollution Liability Insurance
Pollution Liability Insurance is a specialized type of coverage that protects businesses from financial losses caused by pollution-related incidents. If a company accidentally harms the environment—like spilling hazardous materials or contaminating a site—this insurance helps cover costs such as cleanup, legal fees, and settlements with affected parties. It’s essential for companies in industries like manufacturing, waste management, or construction, where exposure to pollutants is higher. Essentially, it provides a safety net, ensuring businesses can manage the risks associated with environmental damage while complying with regulations.