Waste & Recycling Commercial Property Insurance
Specialist Insurance for the Waste & Recycling Industry
Operating in the waste and recycling sector is challenging and the risks involved are greater than most other industries involved. Having the right insurance in place is crucial.
For over 25 years DCR has become the first choice Insurance broker for waste and recycling companies throughout the UK. Our team of experts will work with you to understand your specific risk profile and tailor an insurance product for your business. We can suggest effective and pre-emptive risk management to mitigate potential issues.
It is a difficult sector. The risk of injury to employees, damage to plant and machinery, and the growth in the use of Lithium-ion batteries which has led to an increase in the risk of fire and business interruption are greater than in most other industries.
At DCR we don’t just provide insurance policies, we work in partnership with you to ensure both the risks and costs can be mitigated and reduced. We have vast experience with different companies within this sector including:
• Skip Hire & Waste Management
• Landfill Operations
• Incineration Plants
• Waste to Energy Plants
• Trade Waste Collection
• Recycling Operations (Including Hazardous Waste)
• Consultants & Waste Brokers
Our Team at DCR understand the legislation and strict directives within this highly regulated sector. Well-managed facilities that can demonstrate a commitment to effective risk management will attract a great number of insurers willing to quote and more attractive rates. As an independent specialist, DCR and our panel of insurers can secure competitive coverage for your business. Our insurance products are tailored to you and aren’t one size fits all. We can offer a range of covers, including liability, plant & machinery, and fleet (including specialist vehicles). We also offer commercial property insurance specific to the waste sector.
Our exclusive policies are specifically designed to meet the demands and needs of the waste industry. Please see below the covers and benefits offered that will provide you with optimum protection:
LIABILITY INSURANCE
- Underwritten by an A+ rated insurer
- Employers’ liability £10,000,000 (higher limits are available on request)
- Public/products/pollution liability limits up to £10,000,000 as standard
- Financial loss automatically included at £500,000
- Employee rehabilitation benefit included
- No height or depth limitations
- No hazardous working location exclusions
- Corporate manslaughter defence costs indemnity at £1,000,000
- Statutory clean-up costs incurred under statute
- Spoilt melts extension
- Own site clean-up costs extension
- Hazardous waste coverage including asbestos if selected
FLEET INSURANCE
Our fleet insurance policies are tailored to the waste management sector and we can cover risks for specialist vehicles including:
- Skip Loaders
- Tippers
- Dustcarts/trade waste
- Liquid & hazardous waste vehicles
- Plant
- Company cars/vans
PLANT & MACHINERY INSURANCE
Cover provided automatically is on an ‘All Risks’ basis (fire, theft, accidental damage) and in addition to covering your own plant, we can provide cover for the following:
- Hired in plant including hire costs incurred following a loss
- Annual statutory inspections
- Sudden and unforeseen breakdown and collapse not covered by an ‘All Risks’ policy
- Loss of profits following machinery breakdown
- Pressure plant – explosion damage
- Waste Insure can provide coverage for single pieces of plant for multisite operations and cover assets anywhere in the UK
COMMERCIAL PROPERTY INSURANCE
We offer comprehensive commercial property insurance specific to the waste sector. This can include but is not limited to:
- Buildings insurance for waste sheds/offices
- Fixed machinery insurance even for materials recycling facilities (MRF)
- Business interruption insurance
- Money
- Goods In transit
Our waste commercial property insurance to the waste sector ensures that any risk associated within the property is covered and can include cover for staff, clients, or visitors possessions.
Waste & Recycling Property & Business Interruption FAQs
What is waste and recycling property insurance?
Waste and recycling property insurance can protect buildings, contents, stock, machinery, plant and site equipment against insured events such as fire, theft, flood or storm damage.
What is business interruption insurance for waste businesses?
Business interruption insurance can help protect lost income or increased working costs if an insured event disrupts normal trading.
Why is business interruption important for recycling sites?
A serious incident, such as a fire, machinery failure or site damage, can stop operations quickly. Business interruption cover helps support recovery while the business gets back up and running.
What affects the cost of waste property insurance?
The cost can depend on the site location, construction, fire risk, waste type, security, machinery, stock levels, claims history and the level of business interruption cover selected.
