Underground Storage Tank Insurance

Testimonials

During Mid-States over 25-year business relationship with American Insurance, we have always found Dave Bradshaw and his staff to be willing to help us in any way. They respond immediately to any needs that we might have, and provide assistance that exceeds what you would normally expect from an insurance broker. It would not be a stretch to say that American Insurance is essential to our business operations. The staff at American Insurance is professional, knowledgeable, and completely trustworthy.
-Steve Kidd, President - Mid State Consultants, Inc., Nephi, 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