Tailored insurance for asbestos removal companies.
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Asbestos removal contractors need Asbestos Liability Insurance due to their exposure to asbestos materials. Asbestos fibers can cause serious health issues like lung cancer and mesothelioma. Asbestos Liability Insurance covers contractors’ liability for removing, abatement, transporting and disposing of asbestos material.
We help contractors and business owners get covered for asbestos removal, even though many insurers don’t offer it. We are able to confidently provide policies thanks to our strong relationships and access to various insurers.
Professional
tailored advice
Competitively
priced policies
Comprehensive
cover options
Professional
tailored advice
Competitively
priced policies
Comprehensive
cover options
What you need to know about
Asbestos removal contractors need asbestos liability insurance. This is due to the nature of this business, obtaining asbestos liability insurance may be difficult and time consuming.
Many insurance companies exclude cover for asbestos-related activities; not all normally provide insurance policies relating to asbestos. This emphasises how important it is, if you are involved in such operations, to have specific asbestos removal insurance coverage.
Asbestos incidents can lead to claims from multiple parties, such as employees, customers, and other third parties. Asbestos Liability insurance policies typically cover these types of claims, which have a distinct limit that specifically applies to your Public Liability Insurance. Removal of asbestos is challenging, so having the right insurance in place is essential to maintain financial security.
Need a Broker who can assist with Asbestos Liability Insurance? We've got you covered.
We understand that running a business takes a lot of work and as a business owner you’re expected to be across all of the different aspects of your business operation. We have tried to make our process as simple as possible and all of our Brokers work with each business owners to have a strong understanding of your business and whats required to be in place to ensure that there are no nasty surprises. We pride ourselves on not hiding behind the fine print.
We work with all asbestos removal companies around Australia. Our insurers provide cover for both Class A and Class B asbestos removal.
This could either be done by you, an employee or a sub-contractor. As long as they are licensed to perform the work and hold a separate policy.
Other than what is outlined in the PDS provided by the insurer most asbestos liability policies are quite straight forward and some common conditions or exclusions are:
Cover for the transporting and disposal of asbestos (this can generally be covered by adding a transport extension to your policy)
Exclusions for communicable diseases (this has become a common exclusion since the outbreak of COVID-19)
Cyber and date exclusions
Yes, depending on your occupation some insurers will allow this or we can source a separate stand alone policy. For example, most of our demolition insurance and roofers insurance policies can have an added extension to the policy to cover asbestos liabilities.
Most asbestos insurance policies will cover your liability for the removal, abatement, transport and disposal of asbestos material. As above, transporting and disposing can be applied and it is important to discuss your activities with your insurance broker to ensure all aspects of your work are covered.
Yes, asbestos liability policies are designed to cover your negligence which causes personal injury or property damage. In this case, personal injury can be health related injuries to a third party due to negligent acts of handling asbestos material.
No, fines and penalties are not generally covered by a liability policy.
No, generally speaking personal injury or property damage need to occur for the cover to respond. In some cases, insurers will apply a pollution liability extension to the policy which can cover this type of thing however, it is subject to the overall risk and insurers appetite.
Having the appropriate insurance coverage is essential for demolition and asbestos removal professionals who work with asbestos-containing materials. You run the risk of not being protected in the case of a claim if you don’t have proper insurance in place.
Due to its adaptability, asbestos was often used in the construction of buildings, however after being connected to significant health issues it is no longer used. As a result, many insurance companies no longer provide coverage for companies
Did you know your truck insurer wants to know if you’re dealing with asbestos? This isn’t just for your safety, but theirs too. If your truck carrying asbestos waste were to tip over, they also risk being exposed.
This shows the importance of receiving guidance from a qualified insurance company that knows the complexities of asbestos and how to protect your organisation from serious accusations.
We frequently advise demolition and asbestos removal companies to take out additional insurance in addition to asbestos removal insurance. These comprise of:
Why should you use Priority Insurance Brokers to arrange your Asbestos Liability Insurance?
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