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Please press the above EZQT button to be directed to our online EZ Quote for the following coverages:
Liability Insurance (EPLI)
Tanks (UST / AST)
Please Note, you must be an approved eKo Specialty producer with a login ID and password to access the EZQT site. To learn more, please feel free to contact us.
Becoming an eKo Specialty client is fast, easy and commitment free. To inquire or learn more, please call us at 805.373.6968 or use our contact form.
This information is designed to give you a quick overview of the coverage and how it works. Your policy is the contract that specifically and fully describes your coverage. Please feel free to call 805.373.6968 with any questions.
The clean-up cost cap policy is designed to cover unexpected cost overruns for the clean-up of known conditions at a specific location. Such costs may arise from higher than expected remediation expenses, regulatory changes, or the discovery of new or more contamination. Such policies provide only first-party coverage. However, third-party coverage is often provided as part of an overall insurance package by adding an EIL coverage form to the transaction.
NOTE: The claim scenario summarized is offered only as example. The example is not intended to establish any standards of care or to serve as legal advice appropriate for any particular factual situations. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy.
Remedial action plan estimates that a chemical manufacturer can be remediated for $400,000, a clean-up cost cap policy was purchased with a deductible of $100,000, and anticipated exposure of $500,000. So, if total remediation costs exceed $500,000, insurance will make up the difference, up to the policy limits.
|Potentially Responsible Parties (PRP's) Mining Companies||Seller or Owners of Contaminated Properties|
|Brownfield Developers Investors||Property Managers Remedial Contractors|
|Mergers and Acquisitions||Any commercial real estate transaction|