Overview of the Program From Environmental Insurance Agency
EIA is a leading underwriter for both underground and above-ground storage tanks. With years of experience and a focused underwriting approach, we’ve developed a streamlined program that meets the unique needs of tank owners and operators. Our Storage Tank Pollution Insurance program is tailored to help your clients manage the environmental liability risks associated with storage tanks, while also helping them meet financial responsibility requirements where applicable.
Ideal Accounts and Appetite
This program is ideal for insureds who own, operate, or manage underground or above-ground storage tanks. Common risks include gas stations, bulk storage terminals, marinas, industrial sites, agricultural operations, and commercial facilities with on-site fuel storage. We are particularly competitive on accounts where tanks are scheduled at a fixed location and have a clean history.
Examples of good-fit accounts include:
- A convenience store with several underground fuel tanks
- An agricultural supply company with above-ground diesel storage
- A small industrial facility storing chemicals or waste oils in on-site tanks
Coverage Highlights and Advantages
This is a claims-made policy offering comprehensive pollution liability protection related to storage tanks. Key coverage features include:
- Onsite and offsite cleanup costs
- Third-party bodily injury and property damage liability
- Coverage for scheduled tanks at scheduled locations only
- Meets U.S. EPA financial responsibility requirements
- Coverage applies to incidents occurring after the policy’s retroactive date
Our underwriting process is efficient and responsive. We understand the nuances of tank exposures and can often offer same-day quotes for well-documented submissions.
Underwriting Notes and Minimum Premiums
While we do not publish a set minimum premium, pricing is highly competitive and varies based on tank type, age, location, and site history. Our experienced underwriters assess each risk individually to deliver the most appropriate and cost-effective solution. Clean submissions with complete tank data receive priority handling.
Territories and Availability
This program is available in most states, including AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, and WY. Admitted coverage is available in select states.
Why Work With Environmental Insurance Agency
As a specialized Program Administrator, EIA brings deep expertise in environmental exposures and tank-related underwriting. Our streamlined process, competitive pricing, and fast service make us a reliable partner for brokers and agents placing storage tank risks. We work exclusively with American Safety Indemnity Company to deliver tailored coverage solutions for this niche market.