If you are an independent contractor, you may think that you do not have to carry certain types of business insurance. While this may be true in some cases, independent contractors have to protect themselves against any claims of damage caused while on the job. One of the types of insurance you may need as an independent contractor is pollution liability insurance. Pollution liability insurance protects a company against liability from damage caused by hazardous waste materials.
This is a coverage needed by businesses that produce hazardous waste emissions during manufacturing including the oil, agribusiness, construction, excavation businesses, waste depositories and asbestos abatement contractors. The pollution liability policy covers bodily injury claims and property damage, along with clean-up costs caused by contamination from toxic waste materials.