“the new policy particularly helps gas station owners dealing with what is a potential insurance crisis in Florida”
How does this new policy help them if they haven’t yet upgraded their tanks? Seems like you would need to have (or upgrade to) this specific double-walled tank to get the insurance. The ‘insurance crisis’ is not affecting station owners that have replaced their single wall tanks since they are already in compliance. And does a 10 year policy satisfy financial assurance requirements for the state of FL?
“the new policy particularly helps gas station owners dealing with what is a potential insurance crisis in Florida”
How does this new policy help them if they haven’t yet upgraded their tanks? Seems like you would need to have (or upgrade to) this specific double-walled tank to get the insurance. The ‘insurance crisis’ is not affecting station owners that have replaced their single wall tanks since they are already in compliance. And does a 10 year policy satisfy financial assurance requirements for the state of FL?