Who is at risk for a leaking tank system?
Any poorly maintained or serviced heating system is at risk of a leaking tank system. At higher risk are older homes with older tanks, especially those residences in long-settled areas with older homes, are at the highest risk for a leaking tank system. Statewide insurance authorities consider a 20-year-old tank “at risk” for failure. As an oil tank ages, it becomes at risk for leaks, overfilling, and corrosion. Homeowners, businesses, and home buyers/sellers should be fully aware of the state and federal regulations that apply to their underground or above-ground oil storage tank. Fines, personal liability, and property damage as a result of non-compliance can accrue with delays in time.
