Have You Seen Our Latest Blog Post?

7/15/2013

Dear Valued Agent,

The sooner we can get information on what your insureds need, the sooner we can help you educate them on the type of coverage applicable to them and the environmental products that are available. By making that call early to discuss possible changes in the client’s business and reviewing their existing policies, you will open a discussion that could facilitate a more efficient renewal process, add lines to an account, and give your insured the best possible coverage. Don’t miss out on potential opportunities—get in front of your clients today. If we can help you in any way, please don’t hesitate to contact us.


Have You Seen Our Latest Blog Post?

The Beacon Hill Associates blog provides the latest news on the environmental insurance industry, hot topics involving environmental exposures, and other newsworthy items. Our Account Executives will share their insights and tips on how to successfully include environmental coverage in your clients’ insurance programs.

Click HERE to see our blog—don’t forget to bookmark it for frequent updates!


Transportation Pollution Liability

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 by 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:

  • Spill Clean Up
  • Property Damage
  • Bodily Injury
  • Defense
  • Over the road pollution coverage may also cover the insured in the event of a fuel/chemical spill from a covered vehicle.

Read more about TPL.


Packaged Insurance for Environmental Facilities

Packaged environmental insurance programs combine various lines with a shared limit and/or aggregate. Examples include General Liability and Premises Pollution; General Liability, Premises Pollution, and Transportation Pollution Liability; General Liability, Premises Pollution, and Contractors Pollution Liability; and other combinations. Combining these coverages can create a substantial cost savings for the client. Read more.


Recent Success Stories

  • $2.76M Pipe and Pump Manufacturer
    Coverage purchased: Site Pollution Liability and Products Pollution
    Policy limit: $1M/$1M
    Premium = $18,043
  • $26M General Contractor
    Coverage purchased: Contractors Professional including Pollution and Mold coverage
    Policy limit: $2M
    Premium = $19,000
  • $3.55M Soil and groundwater remediation contractor and consultant
    Coverage purchased: General Liability/Contractors Pollution Liability/Professional Liability via our PartnerOne Environmental program
    Policy limit: $5M/$5M
    Premium = $32,650
  • Abatement contractor
    Coverage purchased: General Liability/Contractors Pollution Liability with Action Over coverage, a $5M Excess policy, and Workers Compensation.
    Premium = $122,000
  • $38.5M Plumbing/HVAC Contractor
    Coverage purchased: CPL & Professional Liability, including Mold
    Policy limits: $2M/$2M
    Premium = $36,868
  • Medical waste hauler
    Coverage purchased: General Liability/Contractors Pollution Liability, Auto, and a $4M Excess policy
    Premium = $34,000