Environmental Hazmat (Hazardous Materials) Insurance in South Africa

Special risks are involved for companies engaged in the transportation of hazardous (or 'Hazmat') materials, which causes unique safety concerns.

Consider clean-up & contaminations costs without having Environmental Hazardous Materials (Hazmat) Insurance
Consider clean-up & contamination costs without having Environmental Hazardous Materials (Hazmat) Insurance

Need Environmental Hazardous Materials (Hazmat) Insurance Assistance
In the case of an indicent or crash with the subsequent release of cargo substance, the public & environment need protection from exposure, injury and/or contamination to hazardous materials! Crashes may also cause fires, explosions and the release of toxic fumes, where costs for clean-up and other damages or claims, could cost a fortune.

All transporters of hazardous (or 'hazmat') materials, should therefore seriously consider buying Environmental Insurance.

Typical cover would include:

•    Liability following an incident;
•    Scene clean–up costs;
•    Scene rehabilitation costs.

Environmental claims can easily amount to thousands of Rands – if an incident caused large scale contamination.

There are a few niche insurers or underwriting managers providing cover options for Environmental Insurance.

These options may be confusing...

In fact, the smartest thing you can do is -- Get a specialist broker to do it for you!
Also, note the following guidelines, tips and considerations applicable to Environmental Insurance:
  • By keeping your truck or tankers maintenance up to date, you may avoid a claim being repudiated through perished valves or seals;
  • It is recommended that drivers are monitored through technology. Many Environmental Insurance claims may be avoided if drivers are monitored for speed and general driving behaviour. Most common accidents occur at night through aspects such as fatigue, speeding or bad weather conditions;
  • Make sure your Environmental Insurance policy caters for your correct indemnity requirements;
  • All professional driving permits should be in place;
  • Overloading of vehicles should be avoided at all cost;
  • All trucks, tankers and trailers should be certified as roadworthy;
  • Certain Environmental Insurance products have excess reducer options – also check this for cross border restrictions that may apply;
  • Some Environmental Insurance policies also provide cover for pollution related incidents caused by leakage of underground tanks – for example fuel storage tanks.
Crashes may cause fire & explosions - Environmental Hazardous Materials (Hazmat) Insurance can help cover costs
Crashes may cause fire & explosions - Environmental Hazardous Materials (Hazmat) Insurance can help cover costs
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