Many development projects die because of known or perceived environmental contamination. Developers and investors are unwilling to take on the risk and uncertainty of cost overruns with environmental remediation and subsequently walk-away from viable development opportunities.

During redevelopment projects, costly liabilities can occur when existing, unknown contamination is discovered during demolition, renovation or building. Construction debris, sick building syndrome, underground storage tanks, and old building materials, such as asbestos, are hazards that can drastically reduce profits.

Environmental insurance through JCH can help protect the parties involved in commercial redevelopment and ensure the successful completion of redevelopment projects by capping the known remediation costs and protecting developers from unknown pollution. Such protection can facilitate confidence, trust and the overall redevelopment process and allow developers and investors to pursue projects they would previously have walked away from.

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The JCH Difference

When you trust your company’s environmental risk management to JCH, you can rest assured that we have designed a customized risk management program based on all the information and that the solution we offer is specifically designed to help your company meet its business objectives.