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Storage Tank Pollution

Outdoor storage tanks on overcast day

We offer a Storage Tank Third Party Liability, Corrective Action and Clean-up policy providing Environmental Impairment Liability (EIL) coverage for claims arising out of pollution conditions emanating from a scheduled storage tank. The policy helps protect against losses, including clean-up costs, corrective action costs, bodily injury, property damage, and defence expenses.

Target Classes

  • Academic institutions
  • Commercial real estate
  • Convenience stores
  • Fuel storage terminals
  • Gas station/service stations
  • Hospitals/clinics
  • Manufacturing
  • Warehouse storage and distribution
  • Waste treatment, storage, and disposal facilities

Generally Excluded from Appetite

  • Marinas
  • Tanks over 26-years-old

Policy Highlights

  • On-site and off-site bodily injury and property damage
  • Loading and unloading coverage
  • Covers both sudden and gradual events
  • Covers both aboveground and underground storage tanks and associated piping

Capacity

$5 million

The Liberty Difference

  • Fast responsive service from in-house EIL underwriters in Toronto, New York, Boston, Denver, San Francisco, London, Madrid, and Sydney
  • Successful ten-year track record writing EIL policies
  • Consistent, thorough underwriting approach enabling our team to address complex environmental liabilities
  • Straightforward EIL application form

Why Liberty?

  • • A.M. Best Financial Strength Rating ‘A’ (Excellent); S&P rating of ‘A’ (Strong)
  • • Efficient cross-border capabilities
  • • Established Canadian market presence for over 25 years
  • • Access to Liberty Mutual’s extensive international network
  • • Local underwriting authority
  • • Local risk engineering and risk control experts
  • • In-house claims service team