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Many digital-savvy consumers look for it as a core or add-on option.
Many digital-savvy consumers look for it as a core or add-on option.
Many digital-savvy consumers look for it as a core or add-on option.
Chubb’s in-house technology makes it easy to integrate what we do into your customer experience.
What is e-waste? And why we should recycle electronics?
If you like to keep up with the latest technology, you probably have a pile of electronic castoffs somewhere in the house, garage or possibly in the garbage. But, it’s so much better -- for you and the planet -- to recycle them instead of throwing them away.
5 reasons for electronic recycling:
1. Savvy “pickers” can get valuable information off your electronics
Even if you think you’ve deleted all of the personal data off your cell phone or other device, hackers who know what they’re doing can still get information that could be used to steal your identity.
2. Toxic materials inside electronics can cause air and water pollution and greenhouse gases
According to the Environmental Protection Agency (EPA), we can save the energy equivalent of the electricity used by more than 3,500 homes in a year, by recycling 1 million laptop computers.1
3. It’s illegal in some states to toss old electronics
So far, 25 states have passed some form of e-waste recycling legislation – covering 65% of the U.S. population -- with more states working on similar laws, according to Electronics Takeback Coalition.2 That means you have to recycle a broad range of electronics, such as TVs, computers, tablets, cell phones, DVD players, game consoles and fax machines.
4. A lot of recyclable materials come from electronics
As an example, for every million cell phones recycled, here are the materials that can be recovered:
- 35,000 lbs of copper
- 772 lbs of silver
- 75 lbs of gold
- 35 lbs of palladium
5. Many retailers will take them off your hands (and wipe them clean)
The easiest way to get rid of your electronics is to take them to a local retailer, non-profit or local government recycling program location. They’ll recycle your technology and make sure it doesn’t get into the wrong hands.
- Apple provides free recycling for any brand of computer. Plus, you can trade in your iPhone and get 10% off some other product trade-ins.
- Staples takes back many electronics for free recycling, thanks to a partnership with Hewlett-Packard.
- Other retailers, like Best Buy, offer programs and incentives for recycling electronics.
- Call2Recycle has 34,000 drop-off locations for rechargeable batteries and cell phones.3
So next time you need a new laptop or cell phone, recycle the old one. Consider upgrading the hardware or software in your computer, instead of buying a new one. If you have to have the latest electronics, make sure you delete all of your personal information off of your old one first, then recycle it at a reputable location.
1 https://www.epa.gov/recycle/electronics-donation-and-recycling
2 http://www.electronicstakeback.com/
3 https://www.call2recycle.org/locator/
Insights and expertise
This document is advisory in nature and is offered as a resource to be used together with your professional insurance advisors in maintaining a loss prevention program. It is an overview only, and is not intended as a substitute for consultation with your insurance broker, or for legal, engineering or other professional advice.
Chubb is the marketing name used to refer to subsidiaries of Chubb Limited providing insurance and related services. For a list of these subsidiaries, please visit our website at www.chubb.com. Insurance provided by ACE American Insurance Company and its U.S. based Chubb underwriting company affiliates. All products may not be available in all states. This communication contains product summaries only. Coverage is subject to the language of the policies as actually issued. Surplus lines insurance sold only through licensed surplus lines producers. Chubb, 202 Hall's Mill Road, Whitehouse Station, NJ 08889-1600.