Storage Tank
SWG Storage Tank
SWG ENVIRO – Storage Tank Environmental Insurance (STEI) policy addresses the pollution risks associated with specified aboveground and underground storage tanks, including integral piping, fill points, dispensers, pumps, and vapor recovery systems. Coverage is provided on a claims-made and reported basis.
Storage Tank Environmental Liability
- Sudden and gradual pollution events
- On-site and off-site clean-up costs
- Reinstatement costs
- Emergency response costs
- Natural resource damages
- Compensation for third party bodily injury and property damage
- Civil fines and penalties
- Punitive damages, where insurable by law
- Legal defense costs
- Loading and unloading
Coverage Enhancements
- Retroactive cover for historic pollution where prior coverage has been in place
- Storage tank decommissioning and replacement works
- First party business interruption
- Transported cargo
We Cover
Includes but is not limited to the list below. Contact us if don’t see what you are looking for.
- Gas bars and service stations
- Bulk fuel terminals
- Airports
- Marinas
- Truck stops
- Auto dealerships and car rental agencies
- Farms
- Residential units
- Chemical storage for manufacturing risks