Property Environmental Risk Management (PERM) Insurance
Finally an AFFORDABLE environmental insurance option for commercial property owners!
Specially designed and priced environmental insurance policy to fill the gaps of coverage in property and liability policies. The first and only environmental insurance program that offers broad spectrum bacteria, category 3 water, legionella, fungi, and mold coverage for indoors within a structure.
Successful Solution For Commercial Property Owners
- Public Building
- Office Complexes
- Shopping Centers
Contact your PERM Specialist
Kari Dybdahl | Vice President
Kari@armr.net | 608-824-3340
PERM is a risk management protocol specifically designed to address the environmental risks of commercial and residential property owners and developers at affordable rates.
What Is PERM?
- The first and only environmental insurance program that offers broad spectrum bacteria, category 3 water, legionella, fungi, and mold coverage for indoors within a structure. The program includes no cost, integrated, boots on the ground water intrusion loss control plans for the site(s)
- Includes coverage for bodily injury and property damage caused by lead or asbestos
- Lower premiums than market pollution policies
- Coverages also included:
-Transportation Pollution liability
-Non-Owned Disposal Site liability Coverage
- Available for additional Premium:
-Loss of Occupancy
-Underground Storage tank with financial responsibility if needed
WHY PERM IS NEEDED
Universal exclusions in property and liability insurance policies for pollution, legionella, fungus, mold, bacteria, category 3 water, asbestos and lead. make PERM an essential component to the insurance programs of property owners. By accessing water intrusion loss control services from a network of certified contractors we are able to offer the PERM insurance policy at savings of up to 50% from the historical cost of similar insurance.
PERM Vs. EIL
With minimum premiums starting at $3,500 puts environmental insurance within easy reach of most comLegionellaoperties. PERM is needed to fill the coverage gap from the pollution, fungus, mold, bacteria, and category 3 water exclusion.
PERM Combines water intrusion loss prevention with environmental insurance!
$3,500 annually including coverage for legionella/fungus/mold and other microbial matter.
Available Limits of Liability
up to $50,000,000
1 – 10 years
All Stakeholders as Named Insureds
Developer, Owner, Lender as Loss Payee and Future Buyers of the Property (including the Homeowners Association when applicable) The PERM policy can be assigned to subsequent owners without additional premium.