Insurance alternatives have been proposed to compensate environmental damage, yet we must question whether they are sufficient and adequate to face the challenges and complexities of that matter. In this sense, environmental damage insurance and civil liability insurance for environmental damage have been briefly analyzed to show if these are the best legal solutions or if they are otherwise insufficient. This article also indicates other less known alternative means of risk dispersion, but whose range of action is broader than that of insurance and seem a better tool to repair the consecuencias of an environmental damage.