Underground Storage Tank Insurance

Testimonials

Several years ago, Utah Fabrication decided to switch insurance brokers. We didn't feel that we were getting great service from our previous broker. Year after year our rates went up even though we had zero claims. We received a proposal from American Insurance with several insurance companies. The savings was significant. Our previous agent had never sought competing bids on our behalf. Since then, we have received excellent service from American Insurance. They have gone above and beyond what most agencies are willing to do for their clients. I would highly recommend them to anyone.
-Kerstin Topham, Controller - Utah Fabrication, Tooele, UT

Underground Storage Tank Insurance

In 2015, the Utah Petroleum Storage Tank Fund increased the "Environmental Assurance Fee from 0.005 to 0.0065. Commercial Storage Tank Insurance is an alternative coverage that allows companies to meet State and Federal requirements. 

 2015 Utah Environmental Assurance Fee
Previous Rate     New Rate     Difference
.005                  .0065            30%
 
 American Insurance proudly partners with a number of insurance companies that offer superior UST Programs.

 Coverage  Benefits & Limits
  • Third-party bodily injury and property damage claims resulting from storage tank incidents involving scheduled storage tanks
  • Corrective action costs resulting from storage tank incidents involving scheduled storage tanks
  • Policy/Certificate satisfies federal and/or state requirements for financial responsibility
  • Simple application process
  • Instant policy and financial responsibility certificates issuance
  • $750 minimum premium
  • Limits from $1 Million per claim to $5 Million per claim/aggregate available

For more information or to receive a quote, please contact: 
 
Brian R. Johnson, CIC
Phone: 801-364-3434
Email: brian.johnson@american-ins.com
 
 Proudly Serving the Petroleum Industry for Over 4o Years