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. (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. (2) For third party liability:

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

Source

The provisions of this § 245.707 amended November 9, 2007, effective November 10, 2007, 37 Pa.B. 5979. Immediately preceding text appears at serial page (313749).

Cross References

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