Brownfield insurance is a type of land insurance that deals with insuring a piece of land that is either an abandoned or underused industrial and commercial facility that will generally be available for reuse. This type of land is usually not insurable by a lot of insurers as it is deemed to be a high risk piece of land due to some of the things that can reside on it.

These sites are generally ones that have been developed in the past but are now underused however there will probably still be buildings on the land and therefore it is not the same as normal land insurance in which you would generally insure a piece of land that usually will have very little on it apart from fields, trees, bushes and maybe some water in the form of rivers or streams.

If you do own one of these sites and you don’t have any insurance on it then you run the risk of leaving yourself open to being held liable for someone else injuring themselves whilst on the land and holding you responsible just because you are the owner of the land, however you may want to get some brownfield insurance so that you will be covered if that possibility does occur.

To get a quotation for a piece of brownfield land you will have to know various things such as where the land is situated, either by the area or the postcode, how big the land is in acres, how long you have owned the piece of land and maybe the most important thing with this type of land and that is the former use of the land as this could make a difference to the premium that you get.

Due to the risk of this type of land brownfield insurance premiums are generally higher than most others and a quotation for a piece of brownfield land will start at around £315 for a years basic cover at a limit of one million pounds liability. You can also get a quotation for both two million and five million pounds liability.

There are also various extras that you can get with this type of insurance along with the liability such as employers liability insurance (if you employed someone to take care of the land), legal expenses and also directors and officers indemnity.