Intercorp offers underground storage tank (UST) and aboveground storage tank (AST) coverage designed to meet the Federal and State mandated financial responsibility requirements associated with commercially operated tanks. We provide ultra-fast turnaround on tank quotes; once we have received a completed application and tank schedule, we can complete a tank policy quote in minutes. Among the types of risks that frequently purchase tank insurance:

• Convenience Stores
• Car Dealers, Marinas and Airports
• Golf courses and Ski areas
• Hospitals with emergency generators
• Bulk Storage Terminals
• Contractors with heavy equipment

UST and AST policies are issued on a claims-made basis and cover releases from scheduled tanks that occur after the policy’s retroactive date for:

• Corrective action costs including the cost to confirm the release and on-site and off-site clean up costs.
• Compensatory damages associated with third-party bodily injury and property damage pollution claims.

UST and AST Policy features include:

• Limits of liability up to $5,000,000 (Most operations need at least $1,000,000 to satisfy federal and state financial responsibility requirements).
• Deductibles from $2,500 to $25,000.
• Premiums start as low as $350.
• UST policies are written with admitted insurance carriers. AST and AST/UST policies are written in the excess and surplus market. Terrorism coverage is included at no extra charge.

Click here for our Storage Tank Liability
  - Coverage Application
  - Tank Schedule