Landfill companies - whether occupied with non-hazardous waste or sanitary landfills - need special insurance coverage.
Prime Insurance brings you the short summary about both forms.
Landfill Closure Performance Bond for Non-Hazardous Waste
The EPA, also known by its full name – Environmental Protection Agency – has strict prerequisites for non-hazardous waste landfills that must present related bonds.
The bond schedule is issued by specialty surety companies, created for township and municipality waste landfills and demolition operations.
Fiscal accountability can be realized through one of the following:
- Letters of Credit
Terms of the bond necessitate the owner or operator of the landfill to continuously oversee and inspect the ground cover and water, and care for it for thirty years following its closure.
Insurance for Sanitary Landfills
Owners and operators of sanitary landfills must maintain a high standard of care for their operations.
Available insurance is designed for a:
- Refuse hauler
- Solid Waste Operator
- Waste Transfer Location
- Recycling Business
- Street Cleaner
Landfill businesses that deal with hazardous, infectious or radioactive waste or asbestos are ineligible for the program.
For related insurance information and more, contact the insurance experts at Prime Insurance Agency.
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Summary: A Landfill Company needs insurance suited for the type of operations conducted. This quick read gives a short summarized explanation.