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Insurance and Bonding

Young’s Environmental maintains insurance coverage as required to perform environmental remediation services ($3M/$6M for pollution liability + $7M for excess liability) and waste transportation activities ($5M for MCS-90 transportation coverage as required by law) involving hazardous materials.

Young’s is fully bonded (capable of obtaining Performance, Payment and Maintenance Bonds) to levels beyond industry standards ($4M single project / $12M aggregate contracts).

Two factors that are evidence of Young’s focus on safety are their Experience Modification Rate (EMR) and OSHA recordable incident rate. Young’s has an annual average of +/- 200,000 total working hours.  Young’s currently maintains an EMR of 0.85 as of their insurance renewal on December 31, 2020, and has never had an on-the-job site fatality.

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