Above Ground/Underground Storage Tank Program
|
|
|
 |
Our above Ground/Underground Storage Tank Environmental Impairment Liability Coverage provides coverage for On and Off Site Clean Up Costs associated with Underground (UST) and Aboveground (AST) Petroleum Storage Tank Releases. Coverage will allow insured to Meet State and EPA financial assurance requirements.
Coverages
- Claims made coverage for On and Off Site Clean Up
- Third Party Bodily Injury and Property Damage
- Compliance with all State and Federal Regulatory Requirements (40 CFR 280)
Limit/Capacity/Premium
- Single release $10,000,000
- $10,000,000 aggregate
- Limits up to $15 million are available
- Minimum premium: $2,000
- Minimum SIR: $5,000
Target Accounts
- Auto and Fleet Truck Operators
- Gasoline Station Owners
- Convenience Store Owners/Operators
- Oil and Gasoline Distributors
- Bulk Petroleum Storage Facilities
- Underground Storage Tank Owners and Operators
Highlights
- Petroleum release from scheduled facilities
- Government Mandated Cleanup not required to file a claim
- Retroactive date to the first insurance coverage written date
- Separate Legal Defense Limit
- Pay on Behalf of the Insured
|
|
|