JMWilson


 
Storage Tank- Environmental
Sample Classes
  • Airports
  • Ambulance Services
  • Auto Dealers
  • Beverage Distributors
  • Bulk Facilities
  • Bus Companies
  • Cell Towers
  • Gas Stations
  • Hospitals
  • Marinas
  • Municipalities
  • Oil & Gas Distributors
  • School Districts
  • Taxi Companies

Product Features

  • Government mandated clean-up costs, both on and off-site
  • Third party bodily injury and property damage
  • Defense costs of $1,000,000 per pollution incident in addition to the policy limits
  • Loading and unloading of underground storage tanks
  • An automatic 6 month extended reporting period supplied in the event of policy cancellation or non-renewal by company or insured
  • Minimum per incident deductible of $5,000
  • Minimum Premium as low as $350
  • The EPA Certificate of Insurance is issued to all policyholders

Optional Coverage
  • Optional coverage is available for a separate aggregate limit for each insured site, rather than a policy annual aggregate
  • Additional insureds can be added as needed

Submission/ Underwriting Requirements


  • Tanks 30 years old or less
  • Complete application
  • Tank Data Sheets (per location)
  • Current testing results
  • Prior carrier dec page to maintain retroactive date
  • Information on past leaks or spills
  • Audited financial statements on accounts seeking a deductible of $25,000 or higher