Owners and managers of apartments, condominiums, commercial mixed use, retail, and industrial properties have unique exposure challenges. Regardless of the type of property, a pollution release on any of these sites could cause extensive property damage and bodily injury.
Exposures could range from HVAC/roof maintenance, mold, and in place asbestos & lead paint, to pool chemicals, legionella, vapor intrusion, etc. And while some of these concerns are easy to identify, such as a burst pipe, many exposures may not be uncovered until the property is undergoing renovation activities or a claim is made against a manager or owner.
Have you discussed these potential environmental exposures with your property manager insureds?
Coverages all property owners & managers should consider:
- Premises Pollution Liability (EIL)
- Contractors Professional (CPL/E&O)
- Transportation Pollution Liability (TPL)
- Non-owned Disposal Site Coverages (NODS)
- Storage Tank Coverage
Need claim scenarios for this class of business? Request them today.
As condo/apartment sales and retail & commercial business pick up after an unusual year, make sure your clients have the coverage they need. Contact us for more information.