*The following exposures do not quality for our online submission process:

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

Please complete our non-admitted application listed below for accounts with these exposures.

Admitted coverage is offered in the following states:

AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WI, WV, WY.
Additional states will be added soon.

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

Target Classes

The target classes for storage tank insurance are:

• Underground Storage Tanks

• Above Ground Storage Tanks

Unacceptable Classes

Unacceptable classes for Storage Tank liability insurance include:

• Residential tanks

• Septic tanks and wastewater or stormwater collection systems

• Process tanks or oil water separators

• Inoperative or not-in-service tanks

• Portable tanks

• Tank contents consisting of placarded hazardous materials or wastes including, but not limited to, anhydrous ammonia (NH3) or chlorine dioxide

• Tanks greater than 100,000 gallons in capacity

Surplus Lines/Non-Admitted Business

The following exposures are offered only on a Surplus Lines/Non-Admitted basis:

• 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

• Double-walled (steel or fiberglass) tanks greater than 30 years old

• Double-walled (steel or fiberglass) tanks 30 years of age or older

All Surplus Lines/Non-Admitted offerings are fully subject to E&S Lines Due Diligence requirements for receiving a quote on Non-Admitted/Surplus Lines paper.

Documents Required for Proposal

• Completed and signed Storage Tank application or competitor's application

• Currently valued insurance company loss runs for the current policy period and two years prior

• Recent tank tightness testing for any underground storage tank

• Complete tank inventory schedule including location, tank size, tank construction, contents, piping construction, and monitoring system

Additional Resources

• UST Finder is a map of underground storage tanks across the U.S. maintained by the EPA, the agency responsible for underground storage tank regulations. The agency also offers steps for investigating, reporting, and cleaning up a leaking underground storage tank.

• An EPA booklet, "Musts for USTs," (last updated in 2015), and a contact list for state-specific underground storage tank headquarters.

  Must for USTS

• The American Petroleum Institute's (API) standards for oil storage tanks, education programs, and a database of WorkSafe Certificate Verifications.