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Underground Tank Storage Pollution

tank-storage

 

 

TankSafe is a commercial insurance product offered through Westchester.  It combines underground and aboveground storage tank coverage in a single policy, and is provided on an admitted basis.  Gasoline Service Stations & Convenience Stores with Gass are “Preferred Risk” classes.

 

 

Coverage highlights include:

  • Third-party bodily injury & property damage claims resulting from storage tank incidents involving scheduled storage tanks
  • Corrective action costs resulting from storage tank incidents involving scheduled storage tanks
  • Policy/Certificate satisfies federal and/or state requirements for financial responsibility (where applicable)
  • Written on an ‘Admitted Basis’
  • Enhanced coverage terms and conditions:

          –  Limits of Liability and Deductible

          –  Coverage Territory

          –  Enhanced Extended Reporting Periods

          –  Definitions of “additional insured”, “first named insured”, and “remediation costs”

 

Additional Information:

  • $350 Minimum Premium
  • From $500,000 per/$1 million aggregate to $5 million per/$5 million aggregate
  • For Westchester TankSafe clients, customized storage tank risk control services are available through Westchester’s ESIS Health, Safety and Environmental Services, including Spill Prevention Control and Countermeasures (SPCC) Plans and underground storage tank management systems

 

Please send your submissions or questions to  Erik Plascencia –  Erikp@Roamnetins.com (877) 272-0333