Pollution and Insurance For Contractors in Clifton New Jersey

insurance for contractors in Clifton New Jersey

Contractors working in the Garden State must deal with many pollution concerns stemming from the operations performed at their job sites. This can include everything from the accidental release of oil or fuel, along with the task of disposing of contaminated soil, chemicals, and any release of toxic gasses emitted from broken pipelines. This demonstrates the need for insurance for contractors in Clifton New Jersey, and more specifically, contractors pollution liability (CPL) insurance, which helps protect a wide range of pollution risks associated with these types of construction projects.

What does CPL cover?

CPL insurance is issued on a non-admitted basis and provides insurance for third-party claims for bodily injury and/or property damage, as well as remediation costs stemming from pollution incidents resulting from the contractor’s covered operations. General contractors performing commercial or residential work need CPL coverage, whether it’s for a municipality, highway and/or road building and repair, work repairing the infrastructure, or general maintenance. This also includes mechanical work, demolition, industrial jobs, excavation, and grading.

In addition, trade contractors (HVAC, paving, carpentry, concrete), specialty contractors (foundation, pipeline and tank installation, drillers), and remediation contractors all have similar exposure concerns from the type of work they perform as well.

CPL insurance helps protect these entities from any liability and financial loss that can result when a covered operation results in a pollution incident. This coverage also allows companies to create a custom environmental insurance program that insures their projects against pollution risks, including all project contractors, off-site transportation and exposures at non-owned locations, all of which makes this policy extremely beneficial.

The CPL policy is an important component of any contractors insurance portfolio as it provides coverage for third party liability resulting from bodily injury, property damage, defense costs, and clean-up as a result of pollution conditions, whether accidental or gradual, caused by contracting operations performed by, or on behalf of the contractor.

Affordable protection

The CPL policy provides insurance for both large and catastrophic losses at a premium that is very reasonable. TheCPL product has now been expanded to address all major construction exposures, including job site risk, real estate related risk, disposal, and transportation. Speak to an agent about any questions or concerns related to this product.