The Benefits of Waste Hauling and Recycle Insurance
If you’re in the waste and recycling business, you should consider waste hauling and recycle insurance. This alternative risk transfer option protects you against the risks that are unique to this industry. It also offers a full range of benefits. Here are some of the most important aspects of waste hauling and recycle insurance. Read on to learn more. Hopefully, the information above will help you decide which type of policy best meets your needs.
Trucking exposure is the most important factor. You should ensure that your insurance policy covers the risks of trucking. Most insurance companies use a rating system called SAFER to determine whether a client is a good risk or not. If the rating system is too strict for your company to comply with, your insurance premiums will be too high. But you can make sure you have enough coverage by securing a Waste hauling & recycle insurance policy.
In addition to the basic waste hauling and recycle insurance policy, you should have additional coverage for any liability that may arise. You should also look for environmental pollution coverage. The Environmental Industry Association (EIA) is the industry representative for waste management. This association sponsors insurance for many companies in the waste industry. Moreover, it provides a comprehensive range of coverage for recycling collection centers, material recovery facilities, portable restrooms, site clean-up firms, and waste haulers to transfer stations.
If you’re in the waste and recycling business, you need to protect your company. It can cover your operations and cover other damages if you’re sued. In addition, it covers bodily injury and medical costs, as well as legal defense costs. In addition, you need to choose a policy with a liability limit based on the gross vehicle weight of your truck. In case of an accident, your liability insurance limits should be enough to cover your needs.
It is vital for garbage collection businesses to have insurance, and waste haulers need to have this type of insurance as well. There are many risks associated with this type of business, including the potential for liability. In addition to liability, insurance will also protect you from lawsuits. In the event of an accident, waste hauling companies should be fully covered by commercial general liability and recycle insurance policies. These policies cover accidents and injuries.
Garbage trucks are often dangerous when backing up. Video devices are available to let you see behind the vehicle. Additionally, drivers should be licensed to operate. A commercial driver’s license is required, and garbage truck drivers must be drug tested. The company’s records should be maintained in a central location. In case of an accident, spillage can occur. This is why waste hauling and recycle insurance is essential for your business.