Storage Tank Liability Insurance

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.

Target Clients:

  • Convenience Stores and Service Stations

  • Auto Dealers

  • Fuel Oil Dealers

  • Golf Courses

  • Hospitals

  • Private Airports

  • Schools and School Districts

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 generally written with admitted insurance carriers. AST and AST/UST policies are written in the excess and surplus market.

    • Terrorism is included at no extra charge by  some of our carriers.

Key Features:

  • Coverage for third-party bodily injury and property damage claims resulting from storage tank incidents involving scheduled tanks.

  • Coverage for corrective action costs resulting from storage tank incidents involving scheduled tanks.

  • Available on an admitted basis in forty-eight (48) jurisdictions and on a non-admitted basis where necessary.

  • Intercorp has access to instant online certificate issuance that satisfies federal and/or state requirements for storage tank financial responsibility.         

FAQ

Where should tank submissions be sent?

You can submit your application to submissions@intercorpinc.net  or fax to 717-721-3515.

Is your program admitted?

We are able to provide quote with both admitted and non-admitted companies.

Do you offer retroactive coverage?

Retroactive coverage (up to 10 years) is generally available for accounts where continuous coverage has been in place.  Retroactive coverage is not available in Florida.