What is a habitational risk?
A habitational property is often explained as “any property that has a bed,” i.e. places that have tenants, patients, students, etc. who may stay for a period of time. Insureds who manage or own habitational facilities face many potential environmental exposures.
These facilities are unique risks because of the health standards that must be met and maintained in a multi-unit living/working environment. From air quality to food handling, the insured needs to be covered for potential problems that may occur in patient rooms, cafeterias, labs, classrooms, dorm rooms, and other meeting spaces. Beacon Hill will help you explain that environmental insurance is often required by this type of client, and we will seek the options that best suit them. We work with the top carriers in the marketplace to access the most appropriate coverage needed.
Representative Risks: Hospitals, nursing homes, rehabilitation facilities, other medical centers, college campuses, boarding schools, training centers, and other on-campus education facilities or meeting spaces.
Environmental liability insurance policies that address the needs of habitational facilities:
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 . . .