Debris Removal Business Insurance Explained

Free Quote in Minutes!

Down Arrow

Debris Removal Business Insurance Explained

Free Quote in Minutes!

Don't feel like filling in a form?
Skip ahead of the line and call us toll-free: 877-907-5267

Important Disclosure Below

Thank you! We've received your information successfully!

Progressive The Hartford Liberty Mutual Gallagher

Debris removal companies work with homeowners, businesses, and sometimes insurance companies to help facilitate safe debris removal. Did you know that an insurance company will help homeowners and businesses pay up to 25% of the cost (plus deductible) of the damage to their building and/or property? 

Most homeowners policies and commercial property insurance include a debris removal clause when a loss happens. If a customer is trying to clean-up $500,000 worth of damage, their insurance company can cover the cost for debris clean-up, up to $125,000. 

But this article is dedicated to how you as an owner can protect your company. Read out quick guide to understand WHY you need coverage and what an affordable insurance package should include.

What is Debris Removal Business Insurance?

Removing debris from construction sites, home renovation projects, and foreclosures can be a difficult and hazardous task. You’re exposing yourself, your business, and your employees to hazardous waste and dangerous working conditions. You want to do everything possible to safeguard your business with affordable insurance coverage.

Who Needs Debris Removal Coverage? 

What are some of the companies that may need these insurance coverages?

  • Construction Companies
  • Debris Cleanup Contractors
  • Asbestos Removal Contractors
  • General Contractors
  • Pollution Cleanup Businesses

If you operated a related business or are in the construction industry, you should make sure yo obtain the proper coverage.

What types of Insurance Policies do Debris Removal Companies Need?

There are a few of the insurance policies you should consider to protect your debris removal company. 

General Liability Insurance: This policy will protect your company from slip-and-fall accidents, libel or slander claims, and property damage or loss that can occur while you are on the job site.

Commercial Property Insurance: This policy will cover losses from common risks like an accident, theft, or vandalism, fire, natural disaster, etc. This insurance is designer to cover the physical assets of the business.

Business Owner’s Policy: A BOP will include both property insurance, general liability, and business interruption insurance. It’s often more affordable to bundle these coverages versus purchasing them separately. 

Workers’ Compensation Insurance: If you have employees, you want to make sure they’re well-protected. This insurance coverage will cover lost wages and medical expenses if your employee is injured—or becomes ill due to exposures—on the job. Workers’ compensation also offers protection to you against being sued for the injury or illness.

Commercial Auto Insurance + Inland marine insurance: Protect your vehicle with commercial auto and your tools and equipment with an inland marine policy, often referred to as contractors tools and equipment coverage. 

Pollution Liability Insurance: This coverage protects businesses from liability due to accidental pollution or exposure to hazardous waste.

How much do Debris Removal Policies Cost?

What influences the price of insurance for debris removal companies? 

  • Location
  • Business size
  • Number of employees
  • Annual revenue
  • Equipment and property

General liability insurance can average around $70 a year for contractors. Each additional insurance coverage added will increase the cost. Speak to a knowledgeable agent for a specific quote based on your individual needs.

Get a Free Debris Removal Insurance Quote

At CommercialInsurance.Net, our goal is to help you get an affordable quote. Complete the form at the top of the page or give us a call at 1-877-907-5267. We will gladly help you find affordable coverage for your debris removal company.


Related Articles: Commercial Property Insurance, Inland Marine Insurance, Insurance for General Contractors, Construction Insurance, Demolition Insurance

The entire process was very easy....from initial quote to signing the policy. Their rates were very competitive. Thanks for protecting me and my business!
R Luscombe
Great turn around time and the staff make every process very easy. User-friendly organization.
Justin Ake
I spoke with Megan, she was very professional and informative. When she couldn't reach me on the phone, she stayed with it never giving up.
Dorothy Rivers