A leak in a tank, a fire with contaminated extinguishing water, or a mistake in the storage of hazardous materials can cause serious environmental damage. The remediation costs and damage claims can quickly add up.
With an environmental liability insurance policy, you protect your business against the financial consequences of soil, water, or air pollution for which you are held liable.
Environmental liability insurance covers damage to the environment and the resulting costs when your company is responsible for pollution.
This includes, among other things:
An environmental liability insurance covers both environmental damage to third parties and damage to your own sites. In addition to remediation costs, depending on the policy, it may also cover expenses such as the restoration of biodiversity.
A standard Public Liability Insurance provides, at most, very limited coverage for accidental environmental damage to third parties. Environmental damage to your own site and gradual damage are not covered. Those who want proper protection against environmental risks generally need a separate environmental liability insurance.
Covers remediation costs for soil and water contamination.
Covers third-party claims for damages caused by environmental pollution.
Reimburses costs imposed by the government after pollution.
Covers the financial consequences of environmental risks that can severely impact your business.
Environmental liability insurance is relevant, among others, for companies that:
Companies that are not considered "highly polluting" can also be held liable in the event of accidental pollution, for example due to a leak, an incident involving hazardous substances, or contaminated firefighting water.
Van Dessel conducts an insurance analysis of your activities, installations, and risk profile, and then assesses to what extent your company is exposed to environmental risks.
The premium is determined based on:
For example, a manufacturing company with chemical storage has a different risk profile than a logistics company.
Van Dessel provides a thorough insurance risk analysis and negotiates an appropriate solution with specialized insurers.
a tailor-made partner
We start from your specific situation and take the time to thoroughly understand your risks, needs, and objectives. This way, you receive advice and guidance tailored to your business and everyday practice.
already 80 years in insurance
Thanks to our years of experience, we analyze your risks and insurance needs with a broad perspective. We provide a well-thought-out approach, clear solutions, and the right protection for your business.
beyond standard insurance
No standard formulas, but solutions tailored to your activities and challenges. From analysis and implementation to support in case of claims: we provide an approach that works in practice.
We analyse your activities, contractual obligations and risks. You will receive a clear, tailor-made proposal for your business.
Request a free quote or contact us for personal advice.
Didn't find the answer to your question or would you like to discuss your situation with a specialist? Our colleagues are happy to help you further.
