Environmental Liability
Covers the duty to prevent, avoid and remedy environmental damage imposed by Ley 26/2007.
What does it cover?
Ley 26/2007 (the Spanish Environmental Liability Act) requires operators of certain economic activities to prevent, avoid and remedy damage caused to the environment, regardless of whether fault or negligence was involved.
Remedying the damage isn't resolved by paying financial compensation to an injured party: the damaged natural resources — water, soil, coastline, protected species and habitats — must be restored to their previous state, which can cost far more than an ordinary civil claim.
The environmental liability policy covers these prevention, avoidance and remediation costs, and can also serve as the compulsory financial guarantee where the activity requires it.
The extent of the obligation and the need to put up a financial guarantee depend on Annex III of the Act and the risk level of the activity. We look at your case before proposing a solution.
Typical cover
- Prevention measures and measures to avoid further damage
- Primary, complementary and compensatory remediation
- Damage to soil, water and the coastline
- Damage to protected species and habitats
- Decontamination and clean-up costs
- Legal expenses and bonds in administrative proceedings
- The compulsory financial guarantee required by Ley 26/2007
What an Insurance Broker really is
A broker is the expert who acts as an intermediary between the insurer and the client, representing the insured party and their interests, rather than the insurer alone.
We are the only professionals legally qualified to advise with strict independence and impartiality from insurance companies.
- We compare the marketAdvice based on an objective analysis of contracts from a sufficient number of insurance companies.
- It costs you nothingThe broker is paid by the insurer in the form of commission. In principle, our service has no cost to the client.
- We take care of everythingFrom taking out the policy through to the claim, should one arise.
- We defend your interestsBefore the insurer, just as a solicitor would.
Other business insurance
Industrial multi-risk
Premises, machinery and stock, plus loss of profits if a claim affects your activity.
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Liability Insurance
General, employers', product and completed-operations liability, tailored to the sector and turnover of the business.
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Directors and officers (D&O)
Protects the personal assets of those who manage or direct the company against claims arising from their management decisions.
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Cyber security
Covers the costs and business impact of incidents arising from a cyber attack.
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Credit and Surety
Credit insurance guarantees payment if a debtor becomes insolvent; surety guarantees that your obligations are met.
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Vehicle fleet
All the business's vehicles under a single policy, with unified terms and renewal.
View coverWhat people tend to think, and what really happens
Five ideas we often hear that end up costing dearly on the day there's a claim.
"Going it alone works out cheaper."
A broker costs you nothing: we're paid by the insurer. And we compare several insurers at once, which you would otherwise have to approach one by one.
"All policies are the same."
Two policies at the same price can have very different limits, excesses and exclusions. What matters is what the terms say on the day of the claim.
"The broker works for the insurer."
The broker represents the insured party and their interests. The insurer's representative is its agent, which is a different role entirely.
"If I have a claim, I'll sort it out myself."
How the claim is opened and documented shapes everything that follows. We handle it for you, including the claim itself.
"Switching insurer is a hassle."
We handle it for you, including cancelling the previous policy in time so it doesn't renew automatically.
"The compulsory cover is enough for me."
The legal minimum covers what you cause to third parties, not what happens to you. That's the difference between a scare and a real problem.
Shall we put together an environmental liability quote for you?
Tell us about your situation and we'll send you a comparison of the best options on the market, giving you the best support for making the right decision.
- No obligationWe give you the price and the cover; you decide.
- No costAs brokers we're paid by the insurer, not by you.
- Quick responseDuring office hours, usually the same day.
What questions do you have?
We'll get back to you with an environmental liability quote and a tailored comparison.
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Prefer to talk? Call us on 922 235 203 or message us on WhatsApp at 667 420 381.