Consumer Rights 
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Loss
Prevention
The
Protector
Safety
Tips
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Carbon Monoxide Detectors
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Fire Extinguishers
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Home Heating
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Home Oil Tanks
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Recreational Boating PDF
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Smoke Detectors
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Home Oil Tanks
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The domestic fuel oil tank (for that matter any fuel tank at home or on the farm) is something that we all take for granted. Faithfully, year after year it holds and delivers the needed fuel oil, etc. However, they wear out, and at some point in time will need replacing. An aging tank can develop leaks, or have the legs rust through. And oil spill in your basement is messy, smelly, and if it finds its way into a sump pump or drain hole, can make an expensive mess of things, especially if it gets into wells or ground water systems.
The appearance of a tank can be deceiving, as moisture often develops internally, and causes decay from the inside out. The first sign of a bad tank could be an odour of oil in the air. Watch for rust and corrosion where the legs are welded to the tank. Keep an eye on the fuel filter and repair it immediately if it begins to leak. Nozzle plugging could also be a symptom. Have your fuel oil people examine the tank for you. Know the tank's age. A 25-year old fuel tank usually doesn't owe a thing to its owner.
Excerpt from OMIA web site.
Last updated August 24, 2000.
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Mission Statement: Peel Mutual Insurance Company, owned by its policyholders, is committed to providing those owners, through its agents and brokers, with quality insurance products at cost, delivered and serviced by a dedicated staff. |