On Dec. 30, 2014, the Wisconsin Supreme Court declared in the court case Wilson Mutual v. Falk that bacteria contamination found in drinking water wells (due to the spreading of manure) was excluded from the liability policies often sold to farms, according to Insurance Journal. Because of that, the water industry needed to change to accommodate. Groundwater Insurance coverage is needed for those who are working in the water and wastewater industry and WaterColor Management has competitive solutions for you.
The original provider of insurance coverages and loss control services designed for members of the Association of Water Technologies (AWT), WaterColor helps treat clients all over the country. Just like any other niche industry, the water industry has specialized risk exposures to handle. By having the right specialized coverage, you can effectively reduce losses, preventing the exacerbation of an expensive claim. WaterColor has some of the strongest coverages on the market, meaning that your back is covered. This gives you more time to focus on what really matters: running your business. This is the specialized coverage we can offer you.
Exposures in the Groundwater Industry
WaterColor offers both liability and property solutions for various clients across the United States. Water treatment companies have a lot to give back to the nation, which is why it’s so important for them to have coverage. Providing safe water to the region is the 24 hour, seven day-a-week job. There’s some special risks that these companies endure, including:
- Not being able to supply water
- Pollution (including cleanup and removal)
- Injuries and illness in the facility
- Concerns of cybersecurity
- Underground pipe maintenance
- Maintaining costly and extensive property and equipment
Groundwater Insurance with WaterColor Management
Since 1986, WaterColor Management has been the go-to insurance and risk management source for the water industry. Our coverage for Groundwater operations is industry-specific and special-tailored to each operation.
Who Gets Coverage?
As far as who gets groundwater insurance coverage, the water industry is completely covered. Each client gets coverage tailored exactly to fit their needs, whether it’s a small business or a company of thousands. Those who are covered by WaterColor include:
- Groundwater drillers
- Groundwater drilling equipment, suppliers, installers and distributors
- Consultants, laboratories and scientists
- Well owners and operators
- Groundwater remediation companies and providers
- Installers, manufacturers, geothermal developers, distributors and suppliers
Coverages Offered
Our policies provide coverage even in the face of exclusions like mold, Legionella, bacteria, corrosives, contaminants, HAZMAT and gradual pollution. The coverages that WaterColor offers include:
- Bonds
- Property
- General Liability
- Products Liability
- Products Recall
- Excess Coverage
- Commercial Auto
- Pollution Liability
- Professional Liability
- Completed Operations Liability
- Boiler & Machinery
- Workers’ Compensation
- Cyber Liability & Crime
- Employee Fidelity & Crime
Besides insurance products, risk management and loss control strategies are also provided. We offer nine-month premium-financing plans, with the minimum premium starting at $2,500. When looking for groundwater insurance coverage, WaterColor is the way to go. We are the leading experts in this field and we are ready to assist you. We can protect your business in the event of a lawsuit, claims and losses, but we’re also ready to keep future incidents from happening.
About Watercolor Management
WaterColor Management has insured the water industry for over 30 years. Our policies include unlimited defense cost coverage in the event of a lawsuit against you. Call us at (256) 260-0412 or email info@watercolormanagement.com for a quick quote for your Water Business Professional, Products/Completed operations, Pollution and General Liability Insurance.