Philadelphia Insurance Companies’ Contractor Environmental Coverage (CEC) provides comprehensive environmental protection for any type of contractor including: Environmental Remediation, General Contracting, Plumbing, HVAC, Street and Road, Excavating, Painting, and many more. CEC protects the insured from claims for Bodily Injury, Property Damage and Remediation Expense from Contamination caused by contracting operations performed by the insured or on their behalf, transportation of waste or materials to and from project site or their yards, waste disposal and recycling of waste or materials from their jobs sites or yards, and their owned or leased locations or yards.
Benefits of the Program
- Four Coverage Parts to protect your entire operation from your yard to your projects to your reputation – Contracting Operations Environmental Liability Coverage, Waste Disposal Liability, Your Insured Location Liability and Image Restoration
- Image Restoration Coverage to assist the insured in restoring their reputation in the event of a claim or remediation expenses
- Includes coverage for the ‘midnight dumping’ (Contaminants illegally disposed of or abandoned by a third party) at Project Sites or owned and leased locations
- Includes coverage for the insured’s Emergency Expenses, without our prior consent, to protect third parties or the environment from an imminent endangerment due to contamination
- Includes coverage due to Mold, legionella and low level radioactive matter or waste
- Mold coverage available on an occurrence basis
- Property Damage includes coverage for Natural Resource Damages
- Bodily Injury includes medical and environmental monitoring
- Remediation Expense includes both clean-up to the extent required by law and in absence of such laws to the extent recommended by an Environmental Professional
- Remediation Expense includes actual clean up costs, compensatory costs for cleanup costs incurred by others and related legal and defense expense.
- Modified consent to settle (hammer) clause – 50/50 with a 10% retention reduction for the insured’s acceptance of the first settlement offer
- Project Specific Policy available with up to terms of five years
Application(s)
Supplemental Application(s)
Policy Forms
Documents Required for Proposal
- Completed, signed, and dated Contractor Environmental Coverage Application
- Details of expiring coverage
- Corporate brochures / statement of qualifications
- Resumes of senior personnel
- Two (2) years of audited Financials and Interim Financials
- Currently valued insurance company loss runs for the current policy period plus four (4) prior years for all Environmental, Auto and GL coverage
- Representative projects listing or SF254
