RPS delivers a top-rated Storage Tank Liability Insurance for third-party bodily injury and property damage from pollution conditions emanating from scheduled underground and aboveground storage tanks. Our experienced team provides quick quote turnaround, flexible deductible options and access to risk management consultants and specialized claims services to meet your insureds needs.
The policy also provides coverage for corrective action and cleanup as required by applicable federal and state regulations and assistance in finding qualified environmental incident response contractors. The policy can be utilized to meet state and federal storage tank financial responsibility requirements for underground and aboveground storage tank owners and operators.
Coverage Highlights
- Available in all 50 states
- $350 minimum premium
- Limits from $500K/$1M to $5M/$5M
- Third-party bodily injury and property damage claims resulting from incidents involving scheduled storage tanks
- Corrective action costs resulting from storage tank incidents involving scheduled storage tank
- Policy/certificate satisfies federal and state requirements for financial responsibility (where applicable)
- Admitted, AM Best rating of A++ (Superior) carrier
- Non-admitted option also available within the program
- Contractor's Pollution Liability Available
- Standard coverage terms and conditions:
- Deductible-based cover
- Enhanced extended reporting period terms
- Dedicated Legal Defense Limits
Target Risks
- Airports
- Auto dealerships
- Commercial/industrial facilities (i.e. service stations, convenience stores)
- Marinas
- Municipalities
- Hospitals
- Schools/colleges/universities
- Golf courses
- Property managers
- Other classes of businesses considered
Submission Requirements
- Storage Tank application
- Loss runs
- Expiring coverage details
Meet Our Storage Tank Liability Insurance Team
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