Storage Tank Environmental Policy (STEP)
Storage Tank Environmental Policy (STEP) provides pollution liability coverage specifically for businesses operating underground storage tanks (USTs) or aboveground storage tanks (ASTs). This coverage protects against costs of environmental cleanup, third-party claims, and regulatory action related …
Who Needs This Coverage
- Gas stations and convenience stores
- Fleet operations with fuel storage
- Manufacturing facilities with chemical tanks
- Heating oil dealers and distributors
- Agricultural operations with fuel storage
What's Covered
- Pollution cleanup and remediation costs
- Third-party bodily injury from pollution
- Third-party property damage from contamination
- Regulatory defense and compliance costs
- Tank removal and replacement coverage
- Legal defense expenses