Storage Tank Liability - Above Ground Tanks

Storage Tank Liability Coverage from Continental Risk / Continental Marine Insurance Services

Continental Risk / Continental Marine Insurance Services offers a focused Storage Tank Liability Insurance program for above-ground tanks. The program helps agents place hard-to-find environmental liability coverage for insureds with tank-related pollution exposures, while supporting regulatory financial responsibility requirements where required.

Whether your client runs a fuel station, marina, manufacturing site, agricultural operation, or bulk storage facility, this program addresses third-party claims and cleanup obligations tied to scheduled above-ground tanks. Coverage is available on admitted or non-admitted paper depending on state and risk characteristics, giving you flexibility to meet both compliance and market placement needs.

Ideal Accounts and Target Risks

This program is designed for insureds who own or operate above-ground storage tanks that present environmental or contamination risk. Target classes include:

• Gas stations, fueling depots, and truck stops
• Marinas, boatyards, and waterfront fuel facilities
• Commercial and industrial sites with on-site fuel or chemical storage
• Agricultural operations storing fuel, herbicides, or fertilizers
• Municipal and utility sites that operate above-ground tanks

Typical fits are accounts needing proof of financial responsibility, clients with scheduled tanks and manageable historical conditions, or businesses requiring explicit pollution legal liability for third-party bodily injury, property damage, and corrective action. Accounts with extensive legacy contamination, unknown tank history, or ongoing major remediation may require targeted underwriting and are evaluated case-by-case.

Coverage Highlights and Advantages

Key coverages include:

• Third-party bodily injury and property damage arising from pollution incidents involving scheduled above-ground tanks
• Corrective action and remediation expenses for covered releases from scheduled tanks
• Coverage and certificates that can meet applicable federal and state financial responsibility requirements
• Admitted or non-admitted placement options depending on the state and the risk

Program strengths:

• Flexible liability limits and deductible options to fit varying exposures
• Broad territory options and the ability to issue financial responsibility certificates quickly
• Clear policy wording for key terms such as “additional insured,” “first named insured,” and “remediation costs”
• Extended reporting period options for added protection after policy expiry

Program Advantages and Service

• Streamlined application and submission process built for agents and brokers
• Fast quote turnaround when a complete application is provided
• Same-day issuance of policies and financial responsibility certificates in many cases
• Available limits from $500,000 per claim / $1,000,000 aggregate up to $5,000,000 per claim / $5,000,000 aggregate
• Minimum premiums starting at $350

Underwriting Notes and Minimum Premiums

Underwriters will review tank type, age, construction, secondary containment, inspection and testing history, spill prevention controls, and any prior releases. Provide site plans, environmental site assessments (if available), operating procedures, and recent inspection/maintenance records to speed placement. The program accepts a broad range of above-ground tank risks but may restrict or seek higher terms for sites with known releases or significant historical contamination.

Minimum premium for eligible accounts starts at $350; final pricing depends on limits, deductibles, tank exposures, and state placement (admitted vs non-admitted).

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 paper is available in many states; non-admitted options are used where admitted capacity is limited or the risk profile requires it.

Why Work With Continental Risk / Continental Marine Insurance Services?

As a specialized wholesale broker, Continental Risk / Continental Marine Insurance Services offers deep experience in environmental and specialty liability lines and access to multiple carrier options. Their underwriting familiarity with tank programs, quick turnaround, and responsive service help you place accounts efficiently and provide the documentation clients need for regulatory and lender purposes.

For more information on the Storage Tank Liability program, contact Continental Risk / Continental Marine Insurance Services or visit their CompleteMarkets profile.

Practical Agent Scenarios

• You might have a client who owns a small marina with two above-ground fuel tanks that needs a pollution liability policy and a state financial responsibility certificate before renewing a lease — this program can provide scheduled-tank coverage and fast issuance.
• If a commercial supplier operates multiple above-ground diesel tanks at a distribution site and needs higher limits and remediation coverage, the program’s flexible limits and extended reporting options can be appropriate.

Frequently Asked Questions

Need help placing an account? Connect with a market specialist.