truck on mining field

Due to the nature of their operations, mining companies are often liable for a variety of environmental-related risks and issues. If proper insurance is not obtained, the expenses and damages the mining company can experience from one lawsuit can be detrimental.

Here are some of the liabilities and exposures that need to be covered and the key considerations for them:


Environmental Damage:

The key considerations for environmental damage liabilities include legal liabilities for damage to the environment, as well as first- and third-party property clean up expenses.
It’s important to have insurance coverage that includes a Pollution Liability Policy, as well as an Extension to General Liability Policy. 


Forest Fire Fighting Expenses:

A key consideration would be the expenses charged against you for fighting a fire that you are found to be legally liable for having started.
In this case, the insurance coverage must be added by Endorsement to the General Liability Policy. 


Marine Liability:

The key considerations to consider for marine liabilities include: marine shipments, drilling barges, and owned and non-owned vessels.

The insurance coverage that would need to be obtained include Marine Insurance and Extension to General Liability Policy.



This list is not exhaustive and there are a variety of other insurance coverages that mining companies need in order to address all the risks they face and prevent losses. Download our free guidebook “Mining and Mineral Exploration Insurance Guide” here to find out how you can protect your company’s assets: