Emerging Options in Environmental Insurance
Publication: Practice Periodical of Hazardous, Toxic, and Radioactive Waste Management
Volume 1, Issue 3
Abstract
By paying a one-time insurance premium, many people involved with contaminated real estate have used environmental insurance to quantify and transfer the risk associated with environmental contamination. Quantification of environmental risk is especially important when the property in question has known contamination, and at properties now referred to as Brownfields properties. As the market for environmental insurance grows, the cost of these policies is becoming more affordable, and under appropriate circumstances, can be attractively priced, especially when purchased on a portfolio basis or on a per project aggregate basis. Further, there are currently insurance policies available to suit various different players in the real estate arena—owners, landlords, tenant, buyers, sellers, lenders, and environmental consultants. For environmental consultants, environmental insurance may enable more competitive bids, obviating the need to transfer an unquantifiable risk onto the client.
Get full access to this article
View all available purchase options and get full access to this article.
Information & Authors
Information
Published In
Copyright
Copyright © 1997 American Society of Civil Engineers.
History
Published online: Jul 1, 1997
Published in print: Jul 1997
Permissions
Request permissions for this article.
Authors
Affiliations
Maura McCaffery
Assoc., at the law firm of Goulston and Storrs, 400 Atlantic Ave., Boston, MA 02110.
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.
Cited by
View Options
Get Access
Access content
Please select your options to get access
Log in/Register
Log in via your institution (Shibboleth)
ASCE Members:
Please log in to see member pricing
Purchase
Save for later Item saved, go to cart Information on ASCE Library Cards
ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Get Access
Access content
Please select your options to get access
Log in/Register
Log in via your institution (Shibboleth)
ASCE Members:
Please log in to see member pricing
Purchase
Save for later Item saved, go to cart Information on ASCE Library Cards
ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.