Storage Tank Insurance Policy

The storage tank liability insurance policy provides coverage for third party bodily injury and property damage from pollution conditions emanating from scheduled underground and aboveground storage tanks.

Storage tank insurance policy.

It provides information regarding ust insurance policy construction terminology definitions exclusions and coverage that owners and operators should consider when purchasing their policy. List of known insurance providers for underground storage tank owners and operators july 2020 this booklet provides ust owners and operators with a list of insurance providers who may be able to help ust owners and operators comply with financial responsibility requirements by providing a suitable insurance mechanism. Storage tank liability insurance tankguard. The policy also provides coverage for corrective action and cleanup as required by applicable federal and state regulation.

The policy also provides coverage for corrective action and cleanup as required by applicable federal and state regulation. Target clients auto motorcycle and rv dealers. The storage tank insurance provides coverage against sudden and unforeseen physical losses or damages to storage tanks primarily bulk storage tanks such as palm oil tanks or fuel oil tanks. The storage tank liability insurance tankguard policy provides coverage for third party bodily injury and property damage from pollution conditions emanating from scheduled underground and aboveground storage tanks.

Tanksafe our fully automated internet based system has been specifically designed to make an otherwise complicated process both user friendly and efficient for when you need to secure commercial storage tank insurance. The policy can. A storage tank liability insurance policy offers coverage for cleanup costs as a result of leaks and the pollution that these types of leaks can cause. Through our insurance program for storage tanks we have been the leading writer of storage tank pollution insurance nationally for more than a decade.

List of known insurance providers for underground storage tank owners and operators september 2019. This booklet provides ust owners and operators with a. This type of policy can also offer coverage for bodily injuries that are sustained by third parties as well as property damage that results from issues with storage tanks either above or. These tanks are susceptible to many forms of accident or extraneous damage which include impact damage bursting splitting rupture and collapse.