Site Pollution Environmental and Remediation Liability (SPEAR) Insurance
Our SPEAR insurance coverage is a type of insurance designed to help protect property owners, operators, and developers from potential environmental risks and liabilities associated with contaminated sites.
Site Pollution Liability Insurance Overview
Helping provide financial protection in the event of pollution incidents and environmental damage that may occur on or emanate from a specific location, pollution legal liability is available as a stand-alone product or can be combined with other lines as part of a package policy.
- Onsite and Offsite cleanup with a discovery trigger available for new and pre-existing conditions
- Bodily Injury and Property Damage
- Non-Owned Locations
- Covered Operations
- Transportation Pollution Liability (1st and 3rd Party)
- Covered Operations
- Sudden and Accidental
- Catastrophe Management & Emergency Response Costs
- Products Pollution
- Products Recall
Target Classes
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Transactional deals whereby a SPEAR policy can be used to help facilitate the sale or purchase of property
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Development and redevelopment, including Brownfield and CERCLA sites
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Operational exposures including but not limited to industrial, manufacturing, energy production, commercial real estate, education and healthcare
Coverage Highlights and Policy Structures
Why Berkley Specialty Excess
At Berkley Specialty Excess, we combine financial strength, decades of expertise, and a steadfast commitment to delivering tailored insurance solutions for complex, high-risk exposures. With a relationship-driven approach and in-depth understanding of specialized industries, we’re here to help you navigate today’s evolving risk landscape with confidence.
