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Storage Tank Liability Insurance (TankGuard®)

Storage Tank Liability Insurance (TankGuard®) provides coverage for third-party claims for bodily injury and property damage resulting from pollution conditions from scheduled underground or aboveground storage tanks.

Features and Benefits Back To Top
  • Available to a wide range of classes including owners and operators of service stations, marinas, auto dealerships, airports, and any other entity with underground and aboveground storage tanks
  • Premium starts at $1,000 and a discount to premium is available for insureds that employ state-of-the-art underground storage tank technology
  • Provides coverage for on- and off-site 3rd party bodily injury and property damage claims resulting from scheduled tanks
  • Provides coverage for cleanup or corrective action due to releases from scheduled storage tanks
  • Defence expenses provided within the limits of liability
  • Provides an automatic extended reporting period of 60 days, and an optional extended reporting period of 12 months for additional cost
  • Limits available up to: $10 million occurrence and $10 million aggregate
 

As a pioneer in the environmental insurance industry, we have handled tens of thousands of pollution claims for a wide range of industries and businesses of all sizes—from a single dry cleaning operation to a multinational chemical manufacturer—to some of the largest, most complex cleanup projects in history.

Drawing on this experience, our team of claims professionals is committed to effective and expeditious claim resolution. We also place great emphasis on helping policyholders control losses and contain costs through the use of clean-up contractors, litigation management, recovery and loss engineering resources.

Mail:
145 Wellington Street West
Toronto, Ontario M5J 1H8

Tel: (416) 596-3000 or (416) 596-3001
Fax: (416) 596-4197
Email: newclaimsp&c@chartisinsurance.com

Applications & Forms Back To Top
TankGuard Application (.pdf)
General application to TankGuard Insurance

TankGuard Specimen Policy (.pdf)