How does Pollution Liability Insurance work?

In addition to basic property and casualty insurance, pollution liability insurance provides protection against pollution that is not usually covered by standard policies. Construction contractors, commercial real estate businesses, financial institutions and a variety of other sectors can all benefit from this policy.

A contaminated site can cause losses and/or damages, such as claims for bodily injury, property damage, and cleanup fees, whether it is an existing building or a future construction project. Businesses can mitigate these risks and address problems as they arise with Contractor’s Pollution Liability Insurance.

Companies can also take advantage of Pollution Liability Insurance at a time when environmental concerns are influencing business practices and influencing global debate. A business’s management of environmental issues can impact its profitability and reputation.

When it comes to pollution liability insurance, why choose Safepro Insurance?

Pollution Liability Insurance from our carriers can address the variety and complexity of today’s environmental risks with effective, custom solutions.

All Casualty lines are underwritten by our underwriters, and we offer a suite of Environmental and Casualty coverage. We offer comprehensive capabilities to protect companies around the globe, and our highly-trained Risk Engineers are ready to offer guidance when you need it most.

Every project comes with its own risks and insurance needs, and Safepro Insurance Services understands that. We have years of experience, paired with innovative risk forecasting, that allows us to assist businesses of varying sizes in navigating this increasingly challenging environment. Your success is our responsibility.

How Does Gap Insurance Work?

In case your car is totaled or stolen and you owe more than the depreciated value of the vehicle, gap insurance helps pay off your auto loan. A loan-or-lease gap policy is also known as gap insurance. In this case, the insurance coverage applies only to the original borrower or lessee of a new car. Gap insurance pays the difference between what you still owe on the car and what the car is worth.


If you’re leasing or financing a new car, your creditor will often require you to carry comp and collision and coverage on your car insurance until you have paid off the car.

The purpose of gap insurance is to cover a gap in the coverage provided by collision or comprehensive coverage. You will be able to recover up to the depreciated value of your stolen or wrecked vehicle under your collision or comprehensive coverage if you have a covered claim. New cars lose value as soon as you drive them off the lot. In addition, most vehicles depreciate by 20 percent in the first year of ownership. However, what happens if you still owe more than the depreciated value of the vehicle on your loan or lease? A gap insurance policy may be able to help.


In the event that your vehicle is stolen or totaled and you are underwater on your auto loan (meaning you owe more than it is worth), you may be eligible for gap insurance coverage. A totaled vehicle is one whose repair costs exceed its value. State law and your insurer’s discretion determine whether your vehicle is declared totaled.


According to the model year of the vehicle, gap insurance may be available after you buy a car. Some insurance companies offer gap coverage with their car insurance policies, not just at car dealerships. The cost of gap insurance from an insurance provider is often cheaper than from a dealer.

Insurance companies may require you to purchase gap insurance if your vehicle is brand new. A lease or loan may mean, for example, that you are the original owner of the vehicle. A vehicle that is two to three model years old, for instance.

Find out what qualifications are required for gap insurance from your insurer.


It’s important to keep in mind that gap insurance may only be available if you’re leasing or financing a new vehicle. Take into consideration how much you owe on your auto loan and how much your car is worth. How much do you owe on your auto loan? Are you able to pay the difference if your car is totaled out of pocket? Gap insurance may be of use in the following situations: When you paid less than 20% down on your vehicle and a 60-month or longer auto loan.  Lease contracts often include gap coverage when you lease a new car. Find out if yours includes it.

We can assist you with gap insurance purchases at Safepro Insurance Services

What Is Railroad Protective Liability insurance – Explained

Contractors performing work on or around railroad tracks, railroad right-of-ways, or railroad property are required to have Railroad Protective Liability insurance.

Contractors are also offered this coverage in addition to other types of insurance required of contractors. Due to the fact that this coverage is not included in commercial general liability (it’s excluded), it is offered separately.

Railroad operations can be disrupted or even damaged by construction and demolition along the railroad’s right-of-way. As a result, railroads often require their contractors to take over the railroad’s liability. These policies protect railroads from potential financial risks and hazards. The standard commercial general liability (CGL) policy excludes work within 50 feet of railroad property.

What Is OCP “Owners and Contractors Protective Liability Insurance Coverage” – Explained

Owners and Contractors’ Protective Liability Coverage – offers protection against liability for bodily injury resulting from the work of independent contractors hired by a named insured. The contractor purchases the policy to protect the client (project owner) from vicarious liability in connection with work performed on the project. As part of its oversight of the contractor’s operations, the OCP policy also covers the insured for liability arising from its own acts and omissions.