What is Property RecycleGuard?
Property RecycleGuard is a specialized insurance solution designed for businesses in the recycling and waste management industry. It helps protect recycling facilities, scrap yards, and related operations from the unique risks they face, including property damage, equipment breakdown, business interruption, and more. This type of coverage is tailored to address the environmental and operational exposures specific to recycling businesses.
Who needs it
Property RecycleGuard is ideal for businesses involved in collecting, processing, or reselling recyclable materials. This includes:
- Scrap metal yards
- Paper recycling facilities
- Plastic, glass, and electronics recyclers
- Transfer stations and material recovery facilities
Whether you operate a single location or multiple sites, this insurance can help safeguard your assets and keep your operations running smoothly.
What it typically covers
Coverage under a Property RecycleGuard policy may include:
- Building and contents: Protection for your physical structures and equipment.
- Business interruption: Compensation for lost income and operating expenses if your business is temporarily shut down due to a covered event.
- Equipment breakdown: Covers mechanical or electrical failures of essential machinery.
- Pollution liability: Limited coverage for accidental releases of pollutants, depending on the policy.
- Inland marine: Protection for tools and equipment in transit or stored off-site.
Common exclusions and limitations
While coverage is broad, there are standard exclusions you should be aware of. These may include:
- Intentional or criminal acts
- Wear and tear or gradual deterioration
- Pollution incidents outside the scope of the policy
- Losses occurring outside of covered locations or jurisdictions
Always review your specific policy for a full list of exclusions and conditions.
Factors that influence cost
The cost of Property RecycleGuard insurance depends on several factors, such as:
- Size and location of your facility
- Types of materials processed
- Safety protocols and loss history
- Amount and type of equipment used
- Selected limits and deductibles
Proof of insurance and compliance
Many recycling businesses are required to show proof of insurance to comply with state, local, or contractual requirements. A Property RecycleGuard policy can help meet these needs by providing certificates of insurance and documentation for regulators or partners. Requirements vary by state and operation type, so it’s important to review what’s needed in your area.
How to get a quote
Getting the right coverage starts with a tailored quote. Request a Property RecycleGuard quote today to protect your recycling business with specialized insurance coverage.
Frequently Asked Questions
What types of recycling businesses qualify for Property RecycleGuard?
Most operations that process, store, or transport recyclable materials—such as metal, paper, plastic, or electronics—may be eligible for coverage.
Does Property RecycleGuard cover pollution liability?
Some policies may include limited pollution coverage, but this varies. Full environmental coverage may require a separate policy.
Can I add coverage for equipment in transit?
Yes. Inland marine coverage can be included to protect tools and machinery while they’re being transported or used off-site.
Is business interruption coverage included?
Business interruption is commonly included and helps cover lost income and expenses during a covered shutdown.
How quickly can I get proof of insurance?
Once your policy is active, you can typically obtain a certificate of insurance within one business day.
Still have questions? Talk to a local insurance expert.