Evans, Pires & Leonard has a full suite of competitively priced insurance coverages designed just for those in the recycling and scrap metal industries in Connecticut. We can insure your vehicles, equipment, sites, buildings and people and can protect your business against the high costs of liability claims.
We provide Commercial Property Insurance, General Liability Insurance, Equipment Breakdown Insurance, Business Auto, Pollution Liability, Cargo, Inland Marine, Employment Practices Liability, Workers Compensation, Umbrella, Employee Crime, and other coverages that target very specific losses.
We can often endorse your primary policies to cover money and securities, valuable papers, non-auto vehicles and heavy equipment, cyber-related liability and losses, and business interruption from things other than physical damage to your property—such as utility failures or supply chain disruption. If Ocean Cargo is involved in your operations, we can cover that, too. Our Impaired Property coverage can protect you if a product you generate impairs someone else’s machinery, auto or other property because it is deficient, defective or in some other way sub-standard. It responds separately from Product Recall coverage, which may also be of interest to you. Conversion Coverage is available, which helps when if you unwittingly purchase items for recycling from someone who doesn’t have legal title or possession. You can also insure your stock under a manufacturer’s Selling Price Valuation Clause to guard against lost profits should you suffer a loss of your stock.
While we are competitively priced, we still offer plenty of benefits. You can choose your audit basis—for instance, payroll or tonnage, which protects you from variations in premium based on commodity prices. You could also opt for a non-auditable policy, which in general means you will know your premium upfront and it won’t change based on fluctuations in your business volume. Pollution Liability can be included in your Business Auto coverage, and we offer separate limits for on-site and off-site pollution liability limits. We support Captive Insurance programs and Risk Retention Groups, and we can negotiate different deductibles or self-insurance depending on your capabilities and preferences.