Water damage liability for homeownership

How to proceed:

Any questions?

How to proceed:

Any questions?

How to proceed:

Any questions?

Protect your own oil tank with a water damage liability

To be prepared for the cold season, the oil tank is filled. The employee of the fuel oil company comes over and starts refueling. After some time, the pipe breaks, through which the tank is to be filled. However, the damage is noticed only after some time. After already several hundred liters of oil leaked are. If this oil drips into the ground or even pollutes nearby waters, it can be quite expensive for the homeowner. Therefore, especially persons who heat their property my oil, a water damage liability take out, which takes over in case of emergency, the cost of these damages.

What is a water damage liability insurance?

In the water damage liability, often referred to as oil tank insurance or fuel oil tank liability insurance, it is a liability insurance, the cost of the Pollution of soil and groundwater takes over, if this was contaminated by heating oil of the landowner. But not only the water pollution is protected by oil. Also, the contamination with other water polluting substances, e.g. Plant protection products, is covered by the insurance.

Depending on the tariff, in some cases the private liability insurance already secures water damage. But you should pay close attention to the extent to which this service is covered. So it should be clarified whether only privately used aboveground or underground tanks are secured. In addition, often only tanks with a limited filling volume Co-insured over the normal liability. Depending on requirements, it should therefore be checked in advance whether the conclusion of a separate water damage liability liability makes sense.

Who is insured by a water damage liability?

Basically, not only the owner of the oil tank is protected by a water damage liability. Also persons who per Contracted employment contract The maintenance, cleaning, administration or other care of the corresponding oil tank – such as the caretaker – will be covered by the insurance.

What exactly is insured by the water liability?

Basically, the water damage liability for the jumps financial costs of damages caused by pollution of the soil and / or groundwater. Also protects the oil tank liability before legal liability claims of third parties. Also includes:

The hedge of Person, Sach- and financial losses

The reimbursement of incurred damage up to the amount of the agreed sum insured

The exam, whether and to what extent damages are paid

The Fend off unjustified claims for damages

Since the amount of damage in the area of water damage liability quickly goes into the hundreds of thousands, you should be the owner of a with oil heated property do not waive this insurance cover. The following costs are borne by the insurance in case of damage:

The fuel oil runs out: There are costs for the Elimination of the damage as well as for any necessary rescue measures by a fire brigade

Oil comes out of a broken tank and that own buildings is damaged by it

It will be a expert needed

Rescue costs: Expenses incurred to ward off or reduce damage

What is not covered by the water damage liability?

But insured the water damage liability not all damages, arising in connection with the storage of water polluting substances. The following contents are usually not insured:

Damage caused by the policyholder intentionally were caused

Damage that is Co-insured each other have added

Damage that at the oil tank plant itself consist

Damage that has arisen because the policyholder knowingly of the Water protection regulations deviated is

In addition to the risk that fuel oil could leak out, there are many more dangers, such as a property could harm third parties. For example, if a roof tile falls to the ground and meets a passerby who is walking along the adjacent path, the homeowner usually has to adhere. Especially with personal injury, the costs can be fast the millions achieve such a case without building liability insurance is usually life-threatening. Liability for buildings not only assures the owner of the property in terms of hospital costs, but also for follow-up costs, such as the loss of income of the person concerned.

Liability oil tank: Caution is better than forbearance

If you own a property that is heated with oil, you should definitely take out a water damage liability insurance or a heating oil tank liability. After all, the cost of damage to the ground or groundwater from fuel oil can be fast very high. In order to find the appropriate tariff, we recommend a water damage liability comparison. This not only provides a good overview of the various providers, but also helps quickly and easily find the appropriate oil tank liability rate.

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