With the world’s oceans making up the majority of the earth’s surface, it’s no wonder why it is inevitable that they must be used frequently for needs such as transportation and precious resources. However, with man made vessels moving about and technology squaring off against nature, there are still many challenges to doing this safely without incident. Regardless of intentions, accidents still occur. With safeguards such as marine pollution insurance, organizations that conduct business on the earth’s waterways can be protected in case this happens.
A big reason that the consequences for marine vessel accidents can be harsh is the negative effects that they have on the environment. Environmental and marine life advocates work diligently to enforce legislation that prevents the following from occurring:
- Trash being thrown overboard
- Pollutants and sediments contaminating water
- Stress to marine animals from a chemical imbalance of water
- Parasitic diseases and bacteria carried by marine plant and animal life consumed by humans
- The accumulation of metals, acidic/alkaline substances and detergents
Protecting Businesses That Use Marine Vessels
With the risks involved and potential conflicts over inevitable pollutants inherent in these marine-related industries, it is important to have coverage in place to avoid potentially costly litigation. Finding an agency that understands the unique exposures of this industry and can offer marine pollution insurance can be an invaluable investment for the future of these businesses.