Environmental
Expanded governmental regulation of environmental impact activities has created significant insurance needs where none previously existed.
In response to these dynamics of the marketplace Quaker Agency, Inc., created Quaker Environmental, a special division dedicated to providing solutions for all types of environmental exposures.
Quaker Environmental has direct access to the majority of the companies writing coverage for the different forms of environmental risk. A few of our markets also offer a product that combines General Liability, Pollution Liability, and Professional Liability in a single policy contract. Occurrence form coverage is available.
Some examples of the environmental classes we write:
Environmental Contractors
- Asbestos abatement
- Landfills
- Lead Abatement
- Remedial action
- Removal / installation / testing / repair
- Specific job needs
- Tightness testing
- Underground storage tanks (UST’s)
- Waste transporters
Contractors Pollution Liability Policy
- Claims Made and Occurrence forms
- Full completed operations coverage
- Blanket Additional Insured is available
- Project specific increased limits available
- No job reporting requirements
- Coverage provided via commonly accepted ISO forms/terms and conditions
MORE DETAILS
Submission Requirements
- ACORD application
- Supplemental Environmental Services Application
- Financial Statement
- Qualifications / Resumes
- Schedule of Previous Projects Worked On
Classes of Business
All classes of contracting risks including, Environmental Remediation Contractors, Asbestos/Lead Abatement Contractors, and Non-environmental Contractors including:.
- Concrete Work
- Demolition
- Drilling
- Electrical
- Industrial Cleaning
- Grading of Land
- HVAC
- Painting
- Specialty Trade
- Utility Contractor
- Minimum Premium: $1,500
- Minimum Deductible: $ 2,500 – per occurrence
- Limits Available: $10,000,000 – higher limits available upon request
Environmental Consultants & Engineers
- Site assessments
- Lab testing
- Site monitoring
- Remediation plan development
- Licensed site professional
- Radon inspection
MORE DETAILS
Submission Requirements
- ACORD application
- Supplemental Environmental Services Application
- Financial Statement
- Qualifications / Resumes
- Schedule of Previous Projects Worked On
Classes of Business
All classes of consulting risks including:
- Permit & Compliance Consultants
- Environmental Consultants
- Industrial Hygienists
- Remediation Engineers
- Testing Labs
- Waste Brokers
- Radon Inspection
- Wetland Delineators
- Minimum Premium: $1,500
- Minimum Deductible: $ 2,500 – per occurrence
- Limits Available: $10,000,000 – higher limits available upon request
Environmental Fixed Facilities – Site Specific Pollution
Although governmental regulation has had an impact in certain areas of environmental impairment liability, marketplace property transfers are driven more by financial considerations. In this era of increased mergers and acquisitions activity environmental insurance serves to satisfy the concerns of both the buyer and the seller.
The banking industry has also fueled the purchase of environmental site pollution coverage by requiring mortgage holders to purchase the coverage to satisfy real estate closing requirements.
MORE DETAILS
Submission Requirements
- ACORD application
- Supplemental Environmental Services Application
- Financial Statement
- Environmental Site Assessment (Phase I and/or Phase II studies)
- Property Description
and Diagram
Classes of Business
All classes of contracting risks including:
- All Classes of Property Risk
- Bank Portfolios
- Strip Malls
- Contaminated Property
- Real Estate Transfers
- Brownfields
- Minimum Premium: $1,500
- Minimum Deductible: $ 2,500 – per occurrence
- Limits Available: $10,000,000 – higher limits available upon request
Products Pollution
Virtually every type of manufacturing company/facility has waste by-products. These “wastes” present a liability that must be addressed in order to properly protect your clients assets.
- Auto Parts Manufacturers
- Chemical Manufacturers
- Cosmetics
- Electronic Components Manufacturers
- Glass Manufacturers
- Industrial Equipment Manufacturers
- Paint Manufacturers
- Plastics Manufacturers
- Rubber Goods Manufacturers
- Valve Manufacturers
