What Is Environmental Insurance?

Are you a business owner who is concerned about their insurance? A traditional Business Owners Policy (BOP) generally couples your business property and business liability into a single policy. The reason for this is because it is cheaper to couple the products than it is to make the consumer purchase each policy individually. Unfortunately, these policies don’t usually cover such exposures such as hazardous waste materials discovered on your property. Here we will go over what Environmental Insurance is, and how it can benefit you and your business.


Due to the costs associated with the cleanup of pollution and hazardous waste many business owners are looking to protect themselves by purchase affordable and comprehensive insurance policies. Environmental

Insurance coverage has been available in the United States since 1977. Today, the estimated annual premiums for Environmental Insurance policies are estimated to exceed over 1 billion dollars.

There are various types of Environmental Insurance Coverage’s available. Here are just a few that we offer at IJU Agency Ltd. :

  • Pollution Legal Liability

  • Underground Storage Tank Liability
  • Transportation of Hazardous Materials Liability
  • Post-Acquisition Real Property
  • Engineers and Consultants Errors and Omissions Liability
  • Contract Pollution Liability
  • Financial Institution Environmental Liability Insurance


While every business should have Environmental Insurance, some businesses may need it more than others. Here we have compiled a list of some of the businesses who may need to purchase an Environmental Insurance Policy:

  • Contractors
  • Engineers & Consultants
  • Financial Institutions
  • Real Estate Agents
  • Emergency Response Contractors
  • Underground Storage Tank Installation / Removal Contractors
  • Crime Scene Investigation Clean-Up Units
  • Industrial Cleaning Contractor's


In conclusion, are you someone who needs Environmental Insurance? At the end of the day losses caused due to negligence, contractual obligations, or other torts violations, could cost your business millions of dollars. A wise business owner will always evaluate their options, and mitigate their risks.