Storage Tanks

Pollution insurance coverage for both underground and above ground storage tanks.

Store more.  Risk less.  Seal the deal. 


The global storage tank market is projected to hold a solid growth rate of 4.8% through 2025.  Key factors driving the market include the growing oil and gas industry, the increasing adoption of storage tanks to improve fuel economy, the growing use of water in the industrial and commercial sector, rising adoption of poly water tanks, and increased replacement of aging chemical storage tanks. 

Amwins Program Underwriters has been the leading writer of storage tank pollution insurance nationally for more than a decade and understands meeting the unique risk exposures of storage tank owners and operators can be challenging.  That’s why we developed our Storage Tanks insurance program designed specifically to serve this niche market, protecting your insureds every step of the way.  We understand the complexities of storage tank risk management and have exclusive access to resources designed specifically with your needs in mind. 

We’re not just placing risk.  We’re staying ahead of changes to keep you prepared.  We’re not just signing contracts. We’re strategizing and investing in your success.


Program highlights

  • Flexible deductible options (levels begin at $5,000)
  • Ability to honor previous carriers' retro dates on new business
  • Defense in addition to limits
  • High limits available
  • Multiple location discount


Eligible accounts

  • Auto, motorcycle and RV dealers
  • Convenience stores
  • Fuel oil dealers
  • Golf courses
  • Hospitals
  • Hotels
  • Insureds utilizing above/below-ground storage tanks
  • Petroleum distributors
  • Private airports
  • Schools and school districts
  • Service stations


Coverage

  • Third party liability - on and off premises
  • Tail coverage
  • Loading and unloading included
  • On-site clean-up included
  • Site pollution liability
  • Amended spills and overfills
  • Business interruption
  • Third party contingent liability for waste transportation


Submission requirements

  • Completed Storage Tanks application
  • Documentation of latest tank and piping tightness test results

Storage Tanks
Program details

 

Availability

The program is available in all U.S. states.

 

Minimum premium

$700

 

Limits

Up to $10M

 

Carrier

A.M Best Rated "A+" XV (non-admitted)

Contact Us

Kay Zito
Managing Director
Amwins Program Underwriters - Camp Hill, PA
717.214.7545 kay.zito@amwins.com