According the Environmental Protection Agency, “Brownfields are real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Cleaning up and reinvesting in these properties protects the environment, reduces blight, and takes development pressures off green spaces and working lands.”
The Brownfields Program has helped an estimated 450,000 abandoned or contaminated sites nationwide and has leveraged more than $14 billion in cleanup and redevelopment funds. The program provides direct funding for Brownfield assessments, cleanup, revolving loans and environmental job training.
Most Brownfield sites exist in industrial areas of cities and towns. These often include locations with abandoned factories and commercial buildings, or other previously polluting operations. Brownfields are also sometimes found in older residential neighborhoods as well. These areas may be impacted by former dry cleaning establishments or gas stations that produced high levels of subsurface contaminants in the past.
“Typical contaminants found at Brownfield sites include hydrocarbons, solvents, pesticides, heavy metals such as lead, tributyltins, asbestos and other dangerous materials,” reported Brian Mcfarland, Vice President of Legends Environmental Insurance Services, a leading provider of insurance coverage for Brownfield contractors. “Environmental contractors involved in cleaning up these contaminated sites so they can be used once again for productive purposes require specialized insurance coverage. At Legends we have extensive experience helping these contractors quickly and efficiently obtain this vital insurance coverage so that the important work of cleaning up these locations can begin as soon as possible. Legends can even provide long-term protection for unknown conditions to the property buyers to support and back-up their due diligence,” he continued.
To learn more about Legends Environmental Insurance Services please visit: http://www.Legends-
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About Legends Environmental Insurance Services, LLC
Legends Environmental Insurance Services is nationally recognized as an innovator in providing environmental and restoration insurance programs. The company has over 30 years experience providing these services in all 50 states.