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Michigan Insurance Group 

© ALL RIGHTS RESERVED.

13100 168th Avenue, Grand Haven, MI 49417

1373 E. LAKETON AVE. Suite A, MUSKEGON, MI 49442

PHONE: 616.755.3000 | PHONE: 231.755.3000 | FAX: 231.755.3002

Email: info@michiganrisk.com

Unseen protection for an unseen product still brings you peace of mind and security. The storage tank insurance program is designed to meet your specific needs.

Storage tank insurance program


Michigan Storage Tank Insurance Program provides tank insurance to petroleum marketers, gas stations, c-stores, marinas and dozens of other non-marketer businesses.

 

Michigan Storage Tank Insurance Program began because owners/operators (O/Os) of petroleum underground storage tanks (USTs) are required to provide financial responsibility (FR) for taking corrective actions and for compensating third parties for bodily injury and property damage arising from a release by petroleum USTs. The O/O's must utilize one of the following FR mechanisms:


  1. $350 minimum premium

  2. Limits from $500,000 to $10 million

  3. Deductibles as low as $2,500


Some coverage options include:

Above ground and underground storage tanks

Water and gas tank liability

Property Damage

Sudden and gradual events

Loading and unloading


A storage tank leak is dangerous. The clean up of a storage

tank leak is complex and can cost a company thousands of

dollars.


Having the right insurance coverage becomes even more

important when disaster occurs. Be prepared with Storage

Tank Insurance through Michigan Insurance Group. 

 

Email us for a free assessment of your business operations

and your current insurance program by simply filling out

our contact form.