Woodworking businesses require their own specialized types of insurance coverage because they carry such a wide array of risks and environmental impacts. Storage, chemicals and wood dust are just a few of the exposures a woodworking business must deal with on a daily basis. Let’s take a closer look at some of the more common environmental and regulatory exposures a wood business may encounter.
- Underground tanks that are untested or inadequately managed. These tanks face a very high risk of leaks which can contaminate soils and groundwater.
- The usage of hazardous chemicals like chromated copper arsenate when pressure treating wood. This chemical can easily pollute soil, groundwater and surface water.
- Improperly storing or using wood treatment chemicals. Chemicals like creosote or pentachlorophenol may leach out of the facility and contaminate soil and groundwater.
- Wood products that are drip-dried over unpaved or outdoor areas after being treated, leading to soil and groundwater pollution.
- Spillage or leakage from aboveground storage tanks holding wood treatment chemicals.
- Dusts and/or odors that are released from the facility that may affect the surrounding areas.
- Cleaning solvents and lubricating oils stored at the facility. These products are commonly used in forklifts and milling machinery.
- Electrical equipment containing PCB that is improperly maintained.
This is just a small sampling of the exposures your woodworking business may face. The experts at ERM Insurance Brokers in Irvine, California can help you find the right fit!
Call (949) 222-0444 for more information.