Environmental liability insurance

Environmental liability insurance protects companies against the financial consequences of claims for damages caused by environmental damage.

Protection for companies and the environment

Environmental liability insurance - what is it anyway?

Environmental liability insurance is a special form of liability insurance that protects companies and businesses against the financial consequences of environmental damage that could be caused by their activities. It generally covers the costs of remedying environmental damage, third-party claims for damages and, if necessary, legal defense costs. It is particularly relevant for companies that work with hazardous substances or operate in industries that carry out potentially environmentally damaging activities.

Facts & Figures

0 % of the reported environmental liability claims are soil and water contamination

0 % of companies in Germany consider environmental protection and related insurance a business priority

0 € average costs cause environmental damage

Your advantages at a glance

With environmental liability insurance, you are protected against the financial consequences that can result from environmental mishaps.

Protection against soil contamination

Covering costs for soil remediation

Emergency management

Support in overcoming environmental crises

Contamination protection

Safeguarding against chemical and biological contamination

All-round protection

Comprehensive protection in all environmental matters

FAQ on environmental liability insurance

We have summarized the most frequently asked questions about environmental liability insurance for you in our FAQ. Our experts will also be happy to provide you with individual advice.

Why is environmental liability insurance important?

Environmental damage can lead to significant financial burdens, including costs for remediation measures, compensation claims and fines. Environmental liability insurance offers financial protection and helps to manage these risks.

What damage is covered?

Environmental liability insurance typically covers the following losses:

Personal injury: costs for medical treatment, compensation for pain and suffering, loss of earnings and pension payments caused by environmental damage
Property damage: repair or replacement costs for damaged or destroyed property due to environmental damage
Cleaning and remediation: Costs for the cleaning and remediation of contaminated soil, water and air
Financial losses: Financial losses incurred as a result of personal injury or property damage caused by environmental damage

What is not covered?

As a rule, the following are not covered

Damage caused intentionally
Damage caused by gross negligence on the part of the policyholder
Damage caused by unauthorized activities
Damage caused by known environmental risks that have not been remedied

Who needs environmental liability insurance?

Industrial companies: Companies that work with hazardous substances or operate processes that are harmful to the environment
Agricultural companies: Companies that use pesticides, fertilizers or other environmentally harmful substances
Construction companies: Companies that carry out construction projects that may cause soil and water damage
Utility companies: Companies that supply water, electricity or gas and are exposed to environmental risks in the process

Are there special insurances for certain industries?

Yes, there are specialized environmental liability insurance policies for different industries that take into account the specific risks and requirements of each industry.

What is environmental damage insurance?

Environmental damage insurance is a supplementary insurance to environmental liability insurance that specifically covers damage to the environment itself, such as damage to protected species and natural habitats.

Is there a subsequent liability insurance?

Extended liability insurance provides cover for claims that occur after the environmental liability insurance has ended but were caused during the term of the policy. This is particularly important for companies that discontinue or sell their business activities.

What are typical exclusion clauses?

Damage caused by intentional or grossly negligent behavior
Damage caused by unauthorized activities
Damage caused by criminal acts
Damage caused by already known environmental risks that have not been remedied.

Can environmental liability insurance also apply abroad?

Yes, many environmental liability insurance policies also offer international insurance cover, especially for companies operating abroad. However, it is important to check the exact conditions in the insurance contract.

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