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NO FEE OR DEDUCTIBLE

CHANGES FOR 2016

 

At its January meeting, the Board adopted the Finance Committee’s recommendation to maintain the program year 2016 (July 1, 2015 - June 30, 2016) annual fee and deductible at $400 per-tank for coverage at the standard deductible of $55,000 per release. Owners of six or fewer USTs may elect to pay an additional $200 per-tank for coverage at a reduced deductible of $11,000 per release.

 

The Finance Committee made its recommendation following a review of the Fund’s unobligated cash balance and the projected revenue and operating expenses over the next five years, including the amount of the estimated unpaid claim liability.

 

For more information, please contact the Board’s staff at (614) 752-8963 or (800) 224-4659 (Ohio only).