Financial responsibility requirements exist to ensure that owners and operators of regulated petroleum storage tanks have the financial resources to pay for the cost of corrective action and compensating third parties for bodily injury and property damage that might result from a release from a petroleum storage tank system. Regulations specify how much financial assurance is required and the financial mechanisms that can be used to ensure that funds are available in the event that they are needed.

The Florida Department of Environmental Protection is providing the information below to assist petroleum storage tank owners in understanding these Financial Responsibility requirements. The Florida Department of Environmental Protection does not endorse any particular insurance company nor does it attest to the accuracy of any information contained on any other web site.

Financial Responsibility Regulations & Forms:

• Florida's financial responsibility requirements are contained in Rule 62-761.400 and Rule 62-762.401, Florida Administrative Code ? "Registration and Financial Responsibility" 
• Federal financial responsibility requirements are contained in 40 CFR Part 280 Subpart H ? Financial Responsibility
• Certification of Financial Responsibility [Form 62-761.900(3)] Effective 7-13-98
• Storage Tank Financial Responsibility Requirements Table
• "Financial Responsibility Handbook - A Guide to the Financial Responsibility Mechanisms" prepared by the Bureau of Petroleum Storage Systems, FL. Dept. of Environmental Protection in conjunction with U.S. Environmental Protection Agency's Office of Underground Storage Tanks (revised 05-01-05)
• Forms for Financial Responsibility Mechanisms Available to All Storage Tank Owners and Operators
• Forms for Financial Responsibility Mechanisms Available to Local Government Storage Tank Owners and Operators
• EPA Insurance Information can be found on EPA Publications Link

Insurance General Information

• Information for owners and operators who rely on UST insurance coverage and news regarding Zurich American Insurance Company (June 18, 2012)
• List Of Known Insurance Providers For Underground Storage Tank Owners And Operators