Water suppliers at all levels must contend with the unique risks their operations present. Drillers, well owners, remediation companies and other firms should have powerful insurance options that safeguard their futures. This brief guide explains how groundwater operations insurance can protect your organization’s interests. 

The Basics of Groundwater Insurance

Groundwater policies handle multiple aspects of operations. Designed specifically for firms in the industry, this type of indemnity protection encompasses a large range of insurance products:

• General liability
• Commercial auto coverage
• Worker’s compensation
• Property, equipment and inland marine 
• Completed operations and products liability

This list is by no means exhaustive: Many more coverage options exist. Product recall coverage includes losses caused by contaminants like radon and mold. Pollution liability applies to incidents on-site and during transportation. There’s also protection against damages from cyber attacks such as data theft, viruses and ransomware.

Other coverages include professional and premises liability, down-the-hole, medical payments and employment practices liability. Down-the-hole policies cover equipment damage that occurs underground. Employment practices liability pays claims related to wrongful termination and discrimination cases. 

Getting the Best Coverage

No two organizations’ groundwater insurance needs are exactly the same. An experienced insurer can help you assess your organization’s operations and risks, then suggest a coverage package that provides optimal indemnity protection.