Note - The comments shown here apply to underground storage tanks (USTs) that are greater than 1100 gallons in Indiana. Check for insuring requirements in your state.
New tanks meeting EPA guidelines and regulations may be much easier and cheaper to insure. Older facilities must be inspected for leaks and proper maintenance. The rates then depend on the age, location, and type of tank. Underground storage facilities are considered more of a risk because visual inspection is not possible. They also pose a much greater threat to the environment. The main concern is from pollution and contamination. Generally, the more compliance to regulations that a tank owner shows, the cheaper and more readily available is the insurance.
Click here for a link to a January 2000 list of insurers of UST's: http://www.epa.gov/swerust1/pubs/inslist2.pdf
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