Great American Environmental Division is now offering a Storage Tank Policy specifically for the Canadian market. Great American Environmental offers the ability to manuscript policy forms to meet specific client needs, filling in the coverage gaps needed to provide your clients with the proper exposure protection for their storage tanks. If you’re interested in learning more about this policy, please contact Heather Boyd ([email protected]).
Storage Tank Policy
This policy covers the Insured for Third-Party Bodily Injury and Property Damage, as well as First Party Corrective Action Costs because of a Pollution Condition caused by the Insured’s Product. Coverage also applies to a Pollution Condition caused by the Insured’s Product during a loading and/or unloading incident.
This policy is suitable for the following tank owners and operators:
SERVICE STATIONS
MUNICIPALITY LOCATIONS
WAREHOUSING LOCATIONS
TRUCKING & LOGISTICS LOCATIONS
AVIATION
COMMERICAL PROPERTY
AGRIBUSINESS
Policy Benefits
- Tailored coverage including tanks exceeding 25 + years
- Financially strong paper – “A+” (Superior) rating from A.M. Best
- Dedicated environmental claims handling unit and nationwide network of emergency response firms, remediations contractors and environmental attorneys
- Ability to offer manuscript policy forms to meet specific client needs
- Ability to provide coverage for pollution conditions in excess of indemnities
Policy Features
- Limits of Liability up to $10 million
- Policy term of one (1) year
- $250 minimum premium
Submission Requirements
- A completed Great American Storage Tank Policy Application
- Tank system tightness testing for USTs
- Most recent third-party tank inspection
- All available loss runs
To learn more about obtaining a policy, please contact:
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