The energy service industries have seen significant growth in the last several years. Due to an increase in domestic energy production and more green energy initiatives, we have seen a major opportunity for agents to make energy-related insureds part of their books. These insureds range anywhere from large oil field operations to contractors focusing more on alternative energy sources. Beacon Hill Associates has experience working with a wide range of energy clients. We are here to help you; we can assist you in explaining the value in having insurance for your energy clients and seek the options that best suit them.
Representative Risks: Roustabout contractors, oilfield cleanup contractors (after the drilling is done), salt water haulers, solar contractors, wind turbine contractors, geothermal contractors, alternative energy contractors (construction of biodiesel facilities), pumpers, dirt work contractors, wireline, oil field electricians, flow line and pipeline contractors, compressor rental & installation, welding & tank battery construction, and salt water hauling.
What is Contractors Pollution Liability Coverage?
Contractors Pollution Liability insurance (CPL) is coverage designed to protect from third party claims for damages caused by “Pollution Conditions” arising from the insured’s covered operations. Adding “Mold” coverage broadens the defined list of covered pollutants to include molds, funguses, etc.
How Does Contractors Pollution Liability Coverage Work . . .
What is a Contractors Pollution Liability / Professional policy?
The Contractors Pollution Liability/Professional Policy is a combined Pollution and Professional coverage form. It provides coverage to general contractors, construction managers, and various trade contractors who could potentially have both pollution and professional claims; CPL/Professional provides coverage for E&O exposures for contractors.
Do . . .
What is Site or Premises Pollution Liability Insurance?
Site Pollution Liability insurance is designed to cover claims arising from pollution releases at, on, or emanating from a specific scheduled location. A “location” can be as broad as an entire piece of property or as narrow as a specified storage tank.
Site Pollution Liability Insurance is . . .
What is a Transportation Pollution Liability policy?
Transportation Pollution Liability, or TPL, is “over the road” pollution insurance. It covers insureds who need protection for pollution conditions caused during transportation. This coverage can also include loading/unloading should the insured’s cargo create a pollution condition.
Why is TPL important?
It provides Pollution coverage for . . .