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Environmental Due Diligence Tip

Don’t assume that because your consultant has an elaborate environmental insurance policy with high limits that if you make a claim their underwriter will willy-nilly overnight you a check. Their risk department and an environmental attorney to evaluate your claim and render a calculated risk decision. You may be forced to litigate your claim and settle for a fraction of your loss. The tip here is to contract a competent environmental professional (EP) to perform your environmental site assessments.