25 Pa. Code § 245.707

Current through Register Vol. 54, No. 25, June 22, 2024

Section 245.707 - Coverage amounts for financial responsibility

The owner or operator of an underground storage tank, other than an exempt underground storage tank, shall comply with the financial responsibility requirements of this subchapter by maintaining sufficient financial resources to provide the coverage for both corrective action and third party liability, in the amounts set forth in paragraphs (1) and (2) for the applicable number of tanks:

(1)For corrective action:

Number of tanks	Amount of required coverage
1-6	1 x USTIF deductible
7-12	2 x USTIF deductible
13-18	3 x USTIF deductible
19-24	4 x USTIF deductible
25-30	5 x USTIF deductible
31-36	6 x USTIF deductible
37-42	7 x USTIF deductible
43-48	8 x USTIF deductible
49-60	9 x USTIF deductible
61-100	10 x USTIF deductible
101-200	11 x USTIF deductible
201-300	12 x USTIF deductible
301-600	13 x USTIF deductible
over 600	14 x USTIF deductible

(2)For third party liability:

Number of tanks	Amount of required coverage
1-100	1 x USTIF deductible
over 100	2 x USTIF deductible

25 Pa. Code § 245.707

The provisions of this § 245.707 amended November 9, 2007, effective 11/10/2007, 37 Pa.B. 5979.

This section cited in 25 Pa. Code § 245.704 (relating to general requirements).