Managing the Cost of Pollution Insurance

Pollution is a significant environmental risk across countless industries. Whether transporting hazardous materials that can spill, operating a plant that releases toxic air particulates, or even working on a small job site where dangerous chemicals leaking are a risk, it is important to be sure you are covered if any accident or incident occurs.

Pollution insurance can help to keep you protected. Depending on the industry you work in, and the scope of your business, the cost of pollution insurance can vary. Read on to learn a little more about what this type of coverage entails.

What Does Pollution Insurance Cover?

In general, pollution insurance will provide coverage in the event of an accidental spill or leak that pollutes the land, water, or air in the area where you are working. Obviously, needs will vary across industries: the cost of pollution insurance will vary considerably between a long-haul shipping company and a contractor working on a job site.

Still, it is important to speak to your insurer and determine that you are protected. An accident, spill, or leak can happen suddenly, sometimes with little warning. Being comprehensively covered will help to ensure that your business is able to weather it through the aftermath of any incident.