Underground Storage Tank Liability

Overview of the Program from Continental Risk / Continental Marine Insurance Services

Continental Risk / Continental Marine Insurance Services offers an Underground Storage Tank (UST) Liability program designed for agents who need a market for scheduled tank accounts. This program provides third-party liability and corrective action cost coverage for releases from scheduled tanks, and it can satisfy federal or state financial responsibility requirements where applicable. Policies are available on an admitted or non-admitted basis depending on state and placement.

Ideal Accounts and Appetite

• Retail fuel sites and convenience stores with scheduled USTs
• Fleet fueling depots, commercial fueling locations and private fueling sites
• Fuel distributors and dealers who maintain on-site storage tanks
• Agricultural and industrial sites with properly scheduled tanks

The program generally focuses on tanks that are properly documented and scheduled on the policy. Accounts with undocumented tanks, known active large-scale contamination, or repeated prior releases typically require additional underwriting or preclude placement.

Coverage Highlights and Advantages

• Third-party bodily injury and property damage liability resulting from covered storage tank incidents involving scheduled tanks
• Corrective action and remediation cost coverage for covered releases from scheduled storage tanks
• Policies/certificates intended to meet federal and state financial responsibility requirements where applicable
• Available on admitted or non-admitted paper to suit state and account needs
• Enhanced coverage options and flexible definitions, including:
  • Customizable Limits of Liability and deductible selections
  • Choice of Coverage Territory
  • Clarified definitions for "additional insured", "first named insured", and "remediation costs"
  • Enhanced Extended Reporting Period terms

Underwriting Notes and Minimum Premiums

• Program accepts scheduled tanks only—each tank must be disclosed on the application.
• Underwriting considers tank age, construction (steel vs. fiberglass), release history, environmental compliance, and any prior corrective action.
• Minimum premium: $350.
• Limits available from $500,000 per occurrence / $1 million aggregate up to $5 million per occurrence / $5 million aggregate.
• Simple application process: agents can expect fast turnaround on quotes when the application is fully completed. Continental Risk often can issue binding policies and financial responsibility certificates the same day when underwriting requirements are met.

Territories and Availability

This program is offered in most states. Continental Risk is able to place business in the following jurisdictions: 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, WY. Availability and admitted status may vary by state; the program supports both admitted and non-admitted placements where appropriate.

Why Work With Continental Risk on UST Liability

• Wholesale broker access to multiple carriers and flexible paper options for admitted or non-admitted placements.
• Program terms tailored to tank operators and owners who need both liability and corrective action coverage that meets state financial responsibility rules.
• Fast, efficient service with a streamlined application and same-day issuance when submissions are complete.
• Enhanced policy language and optional extended reporting periods provide added clarity and value compared with basic forms.

Example account scenarios

• You have a convenience store client with two modern, double-walled underground tanks and no release history — this program can provide liability and corrective action coverage and issue the FR certificate needed for compliance.
• You represent a small transportation company with an on-site fueling depot and scheduled tanks — the program can be used to secure limits up to $5M and customize deductibles and territory language.

Frequently Asked Questions

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