Surplus Lines/Non-Admitted Business

• Storage tank portfolios greater than 100 tanks (regardless of above-ground or underground status)
• Single-walled (steel or fiberglass) tanks 25 years of age or older
• Doubled-walled (steel or fiberglass) tanks greater than 30 years old
• Tanks greater than 40,000 gallons in capacity/size

We are now accepting applications for admitted coverages

Click to view states now accepting applications.

The PHLY Difference

Philadelphia Insurance Companies (PHLY) offers a broad portfolio of Environmental liability coverage, including coverage for above-ground and underground storage tanks (USTs).

Our Storage Tank Environmental Policy (STEP) protects insureds from claims for Bodily Injury and Property Damage and from remediation expenses associated with confirmed contaminant release from both above-ground and underground storage tanks.

Our Storage Tank Pollution insurance policy meets the federal requirements, where applicable, for tank owners and operators to demonstrate their financial responsibility for taking corrective action and for compensating third parties for Bodily Injury and Property Damage.

In addition, all PHLY Environmental coverage is:

• Rated (A++ XV) Superior by AM Best and (A+) by S&P
• Serviced by experienced underwriters & claims professionals in 11 regional offices

PHLY Storage Tank Coverage Details

Highlights of PHLY's Storage Tank Environmental Policy include:

• Coverage that meets EPA Financial Assurance requirements, where applicable
• Remediation coverage for corrective action on- and off-site
• Third-Party Bodily Injury and Property Damage coverage
• Defense Expense, outside policy limits
• Image Restoration
• Emergency Expense
• Primary and Noncontributory language standard
• 180-day automatic extended reporting period granted, to comply with financial assurance requirement

Coverage & Capacity

Admitted Basis: Up to $5M per occurrence/$5M aggregate

Surplus Lines: Up to $15M per occurrence/$15M aggregate