TankAssure

Be ready when life happens. These aboveground and underground storage tank pollution situations illustrate the variety of environmental exposures that could affect your customers!

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Aboveground Storage Tank Scenarios


rainstorm

Fuel was being transferred between two aboveground storage tanks at a tank farm during a rainstorm. The transfer tank was overfilled and the overfill alarm did not trigger. In addition, the secondary containment valve had been left open causing fuel and rainwater to escape the containment for several hours before the release was detected. The storage tank owner was held responsible for the costly cleanup.


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A chemical producer found that the floating roof drain of an aboveground storage tank failed and released the tank’s chemical contents into a creek nearby. The company was forced to pay a large fine and cover the cost of the cleanup.

Underground Storage Tank Scenarios


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During a routine tank tightness test at a gasoline station, it was discovered that some product had leaked from an underground storage tank. It was determined that a seal in a coupling device that connected the tank to the piping had failed and gasoline was leaking out of the pipe connection.


retail store

Petroleum vapors were detected in a convenience store. After further investigation, one of the facility’s underground storage tanks was found to be leaking. The tank was taken out of service and a vapor mitigation system had to be installed in the store.


  Download TankAssure Claims Scenarios

Our team of experienced underwriters, dedicated claims handling unit and technical support staff understands the unique environmental exposures depicted above and can help tailor a policy to find acceptable coverage and claim solutions for your clients!

The claim scenarios in this newsletter are provided to illustrate the variety of environmental exposures faced by your clients. The facts of any situation which may actually arise and the terms, conditions, exclusions, and limitations in any policy in effect at that time are unique. Thus, no representation is made that any specific insurance coverage applies to the above claim scenarios. The liability of Great American Insurance Company and its affiliated insurers is limited to the terms, limits and conditions of the insurance policies underwritten by any of them.

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