Environmental
What is 'environmental insurance' and why might a Delaware commercial buyer want it?
AInsurance for natural disasters only
BInsurance covering environmental remediation costs, third-party claims, and business interruption from pollution events, protecting buyers from unexpected environmental liabilities✓ Correct
CInsurance required by DNREC for all commercial property owners
DInsurance for properties in EPA-designated Superfund areas only
Explanation
Environmental insurance (Pollution Legal Liability, Remediation Cost Cap, Contractor's Pollution Liability) protects commercial property buyers from unexpected environmental remediation costs, third-party bodily injury/property damage claims, and regulatory compliance costs from pollution events.
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