With the continual media hype over the effects of lead based paint in the environment, it is no wonder that insurance companies are resistant to providing complete coverage for lead based claims. The damages that lead based paint can cause to the environment and the people exposed can cause litigation problems that total in the millions. Many insurance agents, when approached by new contractors looking for insurance, will offer the lowest priced coverage available. Because so many contracts are budget focused, they jump at the chance to save money on their premium. What is important to understand is that low cost Environmental Contractors Insurance insurance often lacks the necessary components to protect you against lead paint related accident costs.