Protect your company against environmental risks with coverage for spills, pollution, penalties, and third-party claims. Mandatory environmental insurance tailored to the needs of your industry.
Insurance / Businesses / Civil liability
Environmental liability
Environmental liability insurance is key for companies seeking to responsibly and legally manage their environmental risks. Its relevance has increased due to evolving legislation, social pressure, and the need to comply with increasingly strict regulations.
Today, the environment has legal and constitutional recognition, considered a collective and limited resource. Therefore, environmental damage not only affects assets, but also generates far-reaching social, legal, and financial liabilities.
What environmental risks does a company face?
Every company faces environmental risks, such as…
- Sudden or gradual pollution
- Third-party claims for health or property damage
- Regulatory fines and penalties
- Impacts to protected areas
- Legislative changes requiring immediate environmental response
Common cases of environmental exposure
Some frequent examples of events that may put your operations at risk:
- Fuel spills or hazardous chemical substances
- Sediments discharged into protected soils or aquifers
- Release of pollutants during production or transportation processes
These incidents may cause:
- Project delays
- Significant fines
- Shutdowns or litigation with communities and environmental authorities
What does Environmental Liability Insurance cover?
At NRGI Broker, we offer coverages designed to protect your company against…
- Site clean-up and decontamination costs
- Third-party claims for bodily injury or property damage
- Administrative and regulatory penalties
- Damage to natural resources or protected areas
- Post-closure costs and legal closure obligations
- Changes in environmental legislation requiring immediate response
Common myths: Does your general liability policy protect you?
Many companies mistakenly assume that their general civil liability insurance includes environmental coverage. However, most of these policies:
- Explicitly exclude gradualor suddenpollution.
- Do not cover acts of nature or changes in the law requiring remediation.
- Do not provide sufficient financial backing for complex clean-ups or severe penalties.
Therefore, having a specific and valid environmental insurance policy is essential to demonstrate to authorities that your company has the capacity to respond adequately.
