Did you know that contamination cleanup for contractors is a significant part of the construction business? Several activities on a building site can cause pollution. However, some precautions can reduce this. As a general contractor, taking the right precautions to avoid pollution is a must. However, mistakes happen.
In this article we will look at how to minimize pollution, and how your Builder’s Risk Insurance Policy will cover you in the event of unforeseen incidents.
The construction industry cannot ignore the effects of pollution. Generally, builders pollute the environment in three different ways. These include air, water, and noise pollution.
Consequently, contamination cleanup for contractors is an essential part of every builder’s construction plan. There are several ways you can minimize pollution on your construction site. These include:
Even putting precautions in place, there will be times when your crew’s prevention techniques are insufficient. For instance, you will find your Builder’s Risk Insurance policy can cover you.
Your Builder’s Risk insurance policy protects structures under construction, whether new or renovated. Your policy covers all costs, including equipment, protection of materials, labor expenses, and costs.
Your Builder’s Risk policy will cover any contamination cleanup for contractors. In addition to the above, the policy will include the removal of waste or wastewater. You even get coverage for property add-ons like HVAC systems, temporary structures, and elevators.
Who Pays Disposal Costs?
Besides, construction sites typically have a lot of waste to dispose of. The resulting debris from building work can be plentiful, and therefore incur a lot of disposal costs. With your Builder’s Risk Insurance policy, you won’t have to worry about the financial risks to your business that pollution can cause. Your policy coverage extends to these bills as well.
As the general contractor of the building, obtaining the insurance coverage will be your responsibility. If the project has a lender, your Builder’s Risk Insurance policy coverage can extend to them too. They will be covered so long as they are listed as an additional insured party.
Remember, as a general contractor, it is part of your job to minimize or eliminate the pollution caused by your building site. Any form of contamination cleanup for contractors can be quickly taken care of by your Builder’s Risk Insurance policy. You can obtain insurance coverage before the building project starts.
Our insurance agents will show you how to obtain the insurance coverage for your site. They will also answer any questions you have. Give Builder’s Risk Insurance a call at 877-960-0221 today for your free instant quote!