Oil Tank Insurance- What you Need to Know

Moving to a new home is exciting. But what if your new home has an older oil tank that’s not properly protected? Oil tank insurance is something to consider. It’s becoming more common for New Jersey homeowners insurance to not include protection from damage caused by oil tanks that do not have appropriate environmental protection against leaking tanks. According to the New Jersey state government, pollution from leaking oil tanks has become a major problem in the state, not only is the damage caused by a leaking oil tank expensive to clean up, but it could be devastating to the environment around it.

Oil Tank Insurance Coverage

Many protection plans covered by oil tank insurance offer clean-up and full service. This means that if there’s an oil leak, your plan will help with the clean-up costs like soil remediation and site restoration, even helping cover the cost of an oil tank replacement. If the plan offers service, annual maintenance will be conducted to ensure the tank is operating efficiently and safely, keeping your home and property protected.

Homeowners need to protect their entire home, from fire and water damage to theft. Property and the environment surrounding the home also need protection, especially when the home includes an above ground or underground oil tank. Protections plans will not only help minimize any damage, but they will also help you save money in the unlikely event that your oil tank leaks and causes damage to your property.

Environmental Protection Against Oil Tank Leaks

However, even though most homeowners’ policies exclude this type of liability, you can still protect your home and land with a protection and service plan for your oil tank. Princeton Fuel has been the area’s leader since 1963 and we offer a detailed 10 Point Service which includes environmental protection against oil tank leaks.

Princeton Fuel 10 Point Service

• Competitively capped prices with no surprises
• Choice of payment plans including convenient monthly budget plan
• Constant monitoring of tank levels
• Automatic Delivery with no runouts, guaranteed
• Most comprehensive service contracts in the area
• Radio dispatched service and fuel delivery fleet
• All PFO service personnel fully trained
• Top grade fuel oil that will help your furnace last longer and run better
• Storage tank and environmental protection against leaking tanks
• 24/7, 365 days a year service in all weather, anytime and anywhere

Protection with Preventative Maintenance

Pollution and damage caused by an oil tank that needs replacing or servicing can cost thousands of dollars, especially if the tank is underground. Since homeowner’s insurance typically does not offer this type of protection and won’t cover the cost of an oil-tank replacement, it’s important to purchase oil tank insurance as well as a protection preventative maintenance plan.

Yearly maintenance of heating systems and air conditioners can not only make sure the systems are running efficiently but also safely. Protection plans and insurance will help save money in making sure the system operates at full potential, cut down on pollution, lowering the environmental impact.

PFO Offers You Peace of Mind

Princeton Fuel Oil offers services that will give you peace of mind when it comes to protecting your home with yearly maintenance. Since 1963, the experts at Princeton Fuel have been the area’s leading service provider when it comes to oil heating systems, offering affordable, reliable, and safe solutions. Give us a call at 1-800-253-9001 today.