Holman Insurance Brokers Ltd. specializes in providing Homeowners insurance solutions for homes with oil tanks. This is similar to our knob & tube electrical wiring program.

Here's a Simple check list which you can use to determine if your tank is installed and protected properly.

(1) Are the tank legs unstable, tilting or on an uneven foundation? Is the tank resting on or in contact with the ground or the basement floor?

(2)Are there visible signs of rust, weeps, wet spots or dents on the tank surface?

(3)Are there any drips or signs of releases around the oil filter or valve?

(4)Do the oil lines run underground or through the concrete floor without being encased in a protective non metallic sleeve?

(5)Is there a significant potential for snow, ice or tree limbs falling onto the outside oil tank, lines or filter?

(6)Are there any signs of the vent pipe being clogged with ice, snow or insect nests? (Screened vent openings available)

(7)Is the overfill vent whistle obstructed or silent when the tank is being filled? (It should whistle during a delivery)

(8) Are there any signs of releases around the fill pipe or from the area of the vent pipe?

(9)Is the tank site gauge missing, cracked, stuck or frozen.?

(10)Is there oil or staining around it or on other areas on the top of the tank?

To find out how we can look after all your  insurance needs, or have one of insurance professionals tailor a comprehensive and cost-effective insurance solution, call 905-886-5630 or 1-800-567-1279  and ask for our Special Risk Property department. You can also fill out one of our online quick quote forms.