Insurance for Recycling Facilities

The recycling industry has seen tremendous growth — people around the country are taking a sustainable approach to living, using less, and recycling the materials that they do use. While many of the recyclers are construction companies and contractors looking to make a profit from their scraps, average households in states that reimburse people for recyclable goods are also joining this trend.

As more materials are shipped to local recycling centers, these facilities are increasing their environmental exposure, sometimes without knowing it.  Materials may arrive that cannot be recycled, thus proper disposal is required. The influx of goods means longer periods of storage, and the recycling machines are running for longer periods of time, consuming more fuel. In addition, more traffic on these sites may increase the potential for the accumulation of petroleum hydrocarbons in the soil.

A specific sector of the recycling industry that has experienced remarkable growth is e-recycling. Owners of cell phones and computers span virtually every age group and geographic area in the US, so business for recyclers who handle and process these materials is rapidly increasing as well. This type of insured typically picks up these items, brings them back to a facility, and takes them apart to dispose of or reuse.