Contractors Pollution Liability Coverage Highlights
CPL Insurance Benefits
- Chubb financial stability (rated AA by Standard & Poor’s and A++ by A.M. Best)
- Option to tailor coverage for complex risks, including pollution-related blanket non-owned disposal site coverage, project excess requirements and multinationals
- Environmental Incident Alert℠ – our complimentary program developed to assist clients find and dispatch qualified incident response contractors, monitor cleanup costs and mitigate potential liabilities associated with environmental releases.
- Experienced underwriting specialists across the U.S. and specialized claims expertise
- Broad range of risk control services available through national and international network of best-in-class engineering consultants, including environmental risk control experts from ESIS, Inc.®
- Thought Leadership that addresses the complexities of domestic and global environmental regulations and compliance
- Valued long term relationships
CPL Insurance Coverage
Programs can be tailored for small to major accounts:
- Policy Types available including: Practice, Project and Follow-Form Excess
- Coverage for domestic and U.S.-based multinational companies performing work abroad
- Admitted local policies outside of the U.S. can be placed in various jurisdictions as part of a master U.S. program
- Potential environmental losses for work performed by or on behalf of Named Insured
- No base policy exclusions for construction defects or water intrusion
- Claims-Made and Reported or Occurrence coverage triggers are available
- Built-in Completed Operations coverage on occurrence form
- Practice/Project-Specific Placements (Practice policy terms: up to two years/Project-specific policy terms (including completed ops): up to 17 years)
- Sudden and accidental and non-sudden/gradual pollution events
- Transportation coverage
- Silt, Soil and Sedimentation built into the definition of Pollution Condition
- Built-in first-party coverage for Emergency Response Costs
- Emergency Response window of 7 days
- Presence-based fungi and Legionella pneumophila item built into the definition of Pollution Condition Occurrence-based Non-owned Disposal Site coverage
- Owned or leased locations premises pollution coverage may be available by endorsement
- Catastrophe Management coverage
- Supplemental defense limits or defense outside the limits may be available by endorsement
- Loss includes civil fines, penalties and punitive damages
- No jurisdiction and venue or choice of law provisions
- Illicit abandonment built into definition of Pollution Condition
- Project-specific policies can be written as OCIPS, CCIPS, or specifically for healthcare risks
CPL Insurance Minimums & Limits
- Minimum self-insured retention: $5,000
- Minimum premium from $1,500 to $5,000
- Capacity available up to $50M per/aggregate limit, inclusive of legal defense costs; sublimits may apply to certain coverages and classes of business
CPL Insurance Target Clients
Most commercial contractors, subject to underwriting guidelines, including:
- Carpentry or Framing
- Civil
- Concrete
- Construction Management
- Drywall
- Electrical Environmental
- Excavation/Site Development
- General Contracting
- Heavy Highway/Bridge
- Insulation
- Landscaping
- Masonry
- Mechanical/HVAC
- Painting
- Plumbing
- Roofing
- Street/Road
Useful Resources
Get Protection for Your Overlooked Pollution Risks
Download our whitepaper for more information about Chubb’s Contractor Pollution Liability (CPL) Coverage.