Tank Storage Coverage Form
ISO Form IH 00 83
September 2014
Summary: Insurance Services Office (ISO) has developed an inland marine form that can be used to insure storage tanks and their contents. The form is IH 00 83 12 13 tank storage coverage form. It can be combined with form CM 00 01 09 04 commercial inland marine conditions form and IL 00 17 11 98 common policy conditions to form a policy that insures against direct physical loss, unless otherwise excluded, to covered property.
The coverage form is not intended to be used for dry products such as grain, but for liquids such as vegetable oil, flavorings, manufacturing and lubricating oils, liquid fertilizer, or other domestic liquids—”domestic” in the sense of located within or transported within the United States, its possessions and territories, Puerto Rico, and Canada.
Following is a discussion of the form, including underwriting considerations.
Topics covered:
Insuring agreement; covered property
Property not covered; covered causes of loss
Introduction
Insurance Services Office inland marine form IH 00 83 12 13 is designed to insure storage tanks and their contents on an open peril basis. The form can be combined with CM 00 01 commercial inland marine conditions and IL 00 17 common policy conditions to form a complete policy.
ISO advises that under the Nationwide Marine Definition, domestic bulk liquid policies that cover tanks and their contents can qualify for inland marine coverage. There are states, though, that have not adopted the 1976 version of the Marine Definition; these states may require that Basic Group I and Basic Group II (refer to the ISO Commercial Property/Fire Manual) coverage be written on a separate property policy. See, for example, New York State . Although ISO rules permit a small property with a single freestanding tank to be written on the tank storage coverage form, New York rules would not allow this.
The tank storage coverage form, as noted, can be used to insure both the tank itself and its contents. Coverage is on an open perils basis, with very few exclusions.
The ISO underwriting information does not indicate whether the form can only be used with above ground tanks, or whether underground tanks are acceptable. Therefore, insurers contemplating coverage should decide if they wish to insure above ground as opposed to underground tanks, or whether it does not matter.
Information in the ISO Inland Marine manual does give guidelines for insuring the storage tank exposure. A single tank might not present much of a problem, since loss to the tank or the contents would be limited in nature, depending, of course, upon the cost of the contents. For example, given the current cost of a barrel of oil, a tank of blended lubricating oil could double in final price in any given time frame. “Tank farms” (a term describing a multiple-tank location), on the other hand require review of all physical aspects, such as spacing between tanks, construction of the tanks, evaluation of the location itself (susceptible to earthquakes or flood?), piping apparatus, and maintenance procedures. Procedures for protection against fire and theft should be evaluated. The method of containment—earth or concrete—around the tanks should be considered. The ISO guidelines also address the importance of evaluating the management. Who has access to the tanks? How is inventory recorded?
Many times tanks are used not only to store, but to blend products. Therefore, anyone in charge of this process must be knowledgeable and careful, lest the wrong products are carelessly blended, resulting in an explosion or other disaster.
Both the EPA and the various states regulate tanks. The EPA requires that non-transportation-related facilities with a total above-ground oil storage capacity of greater than 1,320 gallons meet Spill Prevention, Control, and Countermeasure (SPCC) requirements. These requirements also apply to vegetable oil. For an example of state regulation, see the Minnesota Pollution Control Agency's Web site. It has a database with information on registered above ground and underground storage tanks, including tank characteristics (go to http://www.pca.state.mn.us/cleanup/ast.html), which could be a valuable underwriting tool for an insurer offered an application for insurance on a facility in this state.
The insurer providing this coverage will no doubt develop its own underwriting guidelines, as well as loss control measures.
A.Coverage
We will pay for loss of or damage to Covered Property from any of the Covered Causes of Loss.
1.Covered Property
Covered Property, as used in this Coverage Form, means the following property described in the Declaration:
a.Storage “tanks” that:
(1)You own or lease from others; and
(2)Are at a location described in the Declarations; and
b.Bulk liquids that are:
(1)Owned by you; or
(2)The property of others in your care, custody or control;
but only if contained in a “tank”.
Analysis
The form covers storage “tanks,” as defined (see Definitions, later in this article) and their contents. The contents must be liquid, as already noted. The tanks can be owned or leased, but must be at the location described in the Declarations. The contents can be owned by the named insured, as when, for example, a large manufacturer of chemical products has its own “tank farm,” or the contents can be owned by another entity but in the tank owner's care, custody, or control. This might well be the case when a number of businesses do not wish to have their own tanks on their own premises, but would rather rely on a professional to provide storage.
Property Not Covered; Covered Causes of Loss
2.Property Not Covered
Covered Property does not include:
a.Land (including land on which the property is located) or water; or
b.Contraband, or property in the course of illegal transportation or trade.
3.Covered Causes Of Loss
Covered Causes of Loss means Risks Of Direct Physical Loss Or Damage to Covered Property except those causes of loss listed in the Exclusions.
Analysis
Although land is not covered, the form provides coverage ($10,000) for pollutant clean-up or removal from land or water resulting from a covered cause of loss. Obviously, the policy is not intended to insure contraband or property that might be in the course of being illegally transported or traded. In other words, the property could be perfectly legal, but if it is stolen or sold on the black market, there is no coverage for those engaged in the theft or sale.
As is common with inland marine forms, coverage is on an open perils basis; there is coverage unless specifically excluded.
The tank storage coverage form contains five additional coverages. However, only the coverages for debris removal and pollutant clean-up are in addition to the limit of insurance; the others are included within the limit. The $1,000 coverage for a fire department service charge is silent, so the benefit of the doubt would go to the insured—the insured's duty, after all, is to protect covered property at the time of a loss from additional damage.
4. Additional Coverages
a.Additionally Acquired Property
If during the policy period you acquire additional property of a type already covered by this Coverage Form, we will cover such property for up to 30 days, but not beyond the end of the policy period. The most we will pay for loss or damage is the lesser of:
(1)25% of the total Limit of Insurance shown in the Declarations for that type of property; or
(2)$10,000.
You will report values of such property to us within 30 days after you take possession and will pay any additional premium due. If you do not report such property, coverage will cease automatically 30 days after the date the property is acquired or at the end of the policy period, whichever occurs first.
The Coinsurance Additional Condition does not apply to this coverage.
This additional Coverage does not increase the applicable Limit of Insurance shown in the Declarations.
This Additional Coverage does not apply to property covered on a blanket basis.
b.Debris Removal
(1)We will pay your expenses to remove debris of Covered Property caused by or resulting from a Covered Cause of Loss that occurs during the policy period. The expenses will be paid only if they are reported to us in writing within 180 days of the date of direct physical loss or damage.
(2)The most we will pay under this Additional Coverage is 25% of:
(a)The amount we pay for the direct physical loss or damage to Covered Property; plus
(b)The deductible in this policy applicable to that loss or damage.
(3)Payment under this Additional Coverage will not increase the applicable Limit of Insurance, but if:
(a)The sum of direct physical loss or damage and debris removal expense exceeds the Limit of Insurance; or
(b)The debris removal expense exceeds the amount payable under the 25% limitation;
we will pay up to an additional $5,000 in any one occurrence under this Additional Coverage.
(4)This Additional Coverage does not apply to costs to:
(a)Extract “pollutants” from land or water; or
(b)Remove, restore or replace polluted land or water.
c.Preservation Of Property
If it is necessary to move Covered Property from the described premises to preserve it from loss or damage by a covered Cause of Loss, we will pay for any direct physical loss or damage to that property:
(1)While it is being moved or while temporarily stored at another location; and
(2)Only if the loss or damage occurs within 30 days after the property is first moved.
This Additional Coverage does not increase the Limit of Insurance.
d.Pollutant Clean Up And Removal
We will pay your expense to extract “pollutants” from land or water at the described premises if the leakage, discharge, dispersal, seepage, migration, release or escape of the “pollutants” is caused by or results from a Covered Cause of Loss that occurs during the policy period. The expenses will be paid only if they are reported to us in writing within 180 days of the date on which the Covered Cause of Loss occurs.
This Additional Coverage does not apply to costs to test for, monitor or assess the existence, concentration or effects of “pollutants”. But we will pay for testing which is performed in the course of extracting the “pollutants” from the land or water.
The most we will pay under this Additional Coverage for each described premises is $10,000 for the sum of all covered expenses arising out of Covered Causes of Loss occurring during each separate 12 month period of this policy.
The limit for this Additional Coverage is in addition to the Limit of Insurance.
e.Fire Department Service Charge
When the fire department is called to save or protect Covered Property from a Covered Cause of Loss, we will pay up to $1,000, unless a higher limit is shown in the Declarations. Such limit is the most we will pay regardless of the number of responding fire departments or fire units, and regardless of the number or type of services performed. This Additional Coverage applies to your liability for fire department service charges:
(1)Assumed by contract or agreement prior to loss; or
(2)Required by local ordinance.
No Deductible applies to this Additional Coverage.
Analysis
The first of the additional coverages applies to newly acquired property. The property, which must be of the same type already covered, is covered for up to thirty days or the end of the policy period, whichever occurs first. The insured must report the values after taking possession of the property, and pay any additional premium that is due. The most paid, in event of a covered loss, is the lesser of 25 percent of the total limit of insurance, or $10,000. The coinsurance additional condition (see Additional Conditions, later in this article) does not apply. This additional coverage does not apply to property covered on a blanket basis.
The second additional coverage provision is for debris removal expense, and is like that found in other Insurance Services Offices forms, except that the tank storage form pays an additional $5,000, rather than the $10,000 found in, say, CP 00 10 10 12.
Preservation of property is the third additional coverage. If, in the event of a covered loss, it becomes necessary to move covered property to protect it from loss or damage, there is coverage for that property for any direct physical loss or damage. So, for example, if a fire breaks out near a storage tank, and it is necessary to remove the tank's contents to a safer location so the heat from the fire will not damage the contents, there is coverage for the contents at the other location.
As is common to other ISO forms, $10,000 is provided to pay for the insured's expense to extract pollutants from land or water at the described premises if a covered cause of loss results in the escape of the pollutants. The insured must report the expenses to the insurer within 180 days of the date on which the covered loss occurred. The $10,000 is the most that will be paid for all expenses arising out of covered causes of loss that occur during each twelve month policy period.
The fifth additional coverage provides up to $1,000, unless a higher limit is shown in the Declarations, for the insured's liability for a fire department service charge, so long as the charge was assumed by contract or agreement prior to the loss, or was required by local ordinance. No deductible applies to the coverage.
The storage tank coverage form contains three sets of exclusions. The first is prefaced by anti-concurrent causation language.
B.Exclusions
1.We will not pay for loss or damage caused directly or indirectly by any of the following. Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss or damage.
a.Governmental Action
Seizure or destruction of property by order of governmental authority.
But we will pay for loss or damage caused by or resulting from acts of destruction ordered by governmental authority and taken at the time of a fire to prevent its spread if the fire would be covered under this Coverage Form.
b.Nuclear Hazard
Nuclear reaction or radiation, or radioactive contamination, however caused.
But if nuclear reaction or radiation, or radioactive contamination results in fire, we will pay for the direct loss or damage caused by that fire if the fire would be covered under this Coverage Form.
c.War And Military Action
(1)War, including undeclared or civil war;
(2)Warlike action by a military force, including action in hindering or defending against an actual or expected attack, by any government, sovereign or other authority using military personnel or other agents; or
(3)Insurrection, rebellion, revolution, usurped power or action taken by governmental authority in hindering or defending against any of these.
Exclusions B.1.a. through B.1.c. apply whether or not the loss event results in widespread damage or affects a substantial area.
Analysis
Exclusions B.1.a through B.1.c. eliminate coverage for causes of loss for which, if coverage could be obtained, would be virtually unaffordable. The first two exclusions have exceptions. Exclusion B.1.a. provides coverage if the governmental body destroys property to prevent spread of a fire—but only if the fire would be covered under the policy. Thus, if the insured intentionally set the fire, resulting destruction by the governmental body to prevent further spread would not be covered.
Exclusion B.1.b excludes coverage for nuclear reaction, radiation, or contamination, but if one of these results in fire, that loss is covered, again, so long as the fire is one that would be covered. The exclusion of any weapon employing atomic fission or fusion has been removed. As the weapons would result in contamination or radiation, and both those are excluded, a specific exclusion for actual weapons is not necessary.
Exclusion B.1.c. is commonly found in property coverage forms, but the wording in this exclusion is such that not only is warlike action excluded, but any action to hinder or defend against a warlike action is excluded. Because a “military force” does not include terrorists, acts of terrorism would be covered unless specifically excluded by endorsement.
These exclusions apply whether or not there is widespread damage.
The following group of exclusions are not prefaced by anti-concurrent causation language, but are of the kind that, to insure against, could well result in the insured's taking less than prudent care of the insured property. And, in the case of “loss of market,” the policy is not intended to cover economic loss.
2.We will not pay for loss or damage or damage caused by or resulting from any of the following:
a.Delay, loss of use, loss of market or any other consequential loss.
b.Unexplained disappearance.
c.Shortage found upon taking inventory.
d.Leakage, discharge, dispersal, seepage, migration, release or escape of the contents of a “tank” unless a result of direct physical damage to the “tank”.
e.Deterioration or contamination of covered property.
f.Dishonest or criminal act (including theft) committed by:
(1)You, any of your partners, employees (including temporary employees and leased workers), officers, directors, trustees, or authorized representatives;
(2)A manager or a member if you are a limited liability company;
(3)Anyone else with an interest in the property, or their employees (including temporary employees and leased workers) or authorized representatives; or
(4)Anyone else to whom the property is entrusted for any purpose.
Whether acting alone or in collusion with each other or with any other party.
This exclusion applies whether or not an act occurs during your normal hours of operation.
This exclusion does not apply to acts of destruction by your employees (including temporary employees and leased workers) or authorized representatives; but theft by your employees (including temporary employees and leased workers) or authorized representatives is not covered.
g.Processing or work upon the property.
But if processing or work upon the property results in fire or explosion, we will pay for direct loss or damage caused by that fire or explosion if the fire or explosion would be covered under this Coverage Form.
h.Pollution
Leakage, discharge, dispersal, seepage, migration, release or escape of “pollutants” unless the leakage, discharge, dispersal, seepage, migration, release or escape is itself caused by any of the “specified causes of loss”. But if loss or damage by the “specified causes of loss” results, we will pay for the resulting damage, caused by the “specified causes of loss”.
i.Voluntary parting with any property by you or anyone entrusted with the property if induced to do so by any fraudulent scheme, trick, device or false pretense.
j.Unauthorized instructions to transfer property to any person or to any place.
k.Neglect of an insured to use all reasonable means to save and preserve property from further damage at and after the time of loss.
Analysis
Thorough maintenance and loss prevention measures, if not carried out, might well result in loss. These exclusions make it clear that loss or damage that could be prevented will not be covered. Of particular interest to the tank owner or lessee is the fact that the policy will not cover loss of a tank's contents caused by the tank's simply leaking. A covered cause of loss must first occur. Deterioration or contamination of a tank or its contents is not covered. Should a tank farm operator accidentally add the wrong liquid to the wrong tank, resulting in an unusable product, there is no coverage.
As is common with many property forms, there is no coverage for a dishonest or criminal loss caused by the insured, his or her employees (including temporary employees and leased workers), partners, officers, directors, managers, or anyone to whom the property is entrusted for any purpose. Acts of destruction by employees are exempted, but not theft by employees. Voluntary parting with property, if induced to do so by trick or device, is not covered. Loss caused by unauthorized instructions to transfer covered property is not covered.
Loss caused by processing or work upon the property is not covered, unless the processing or work results in fire or explosion. In that event, the fire or explosion is covered if of the kind the policy would cover. For example if an employee is working on a valve on a tank and causes a leak there is no coverage. However, if in working on the tank valve a fire is started, any damage caused by that fire is covered.
Escape of pollutants, if caused by the “specified causes of loss” (see Definitions, later in this article), is covered. And, if the escape of pollutants is not caused by one of the specified causes of loss, but results in a specified cause of loss, that resulting loss is covered.
If an insured neglects to use all reasonable means to save and protect covered property from further damage at the time of a loss, there will be no coverage for any damage. This particular coverage form does not define insured, so a potential coverage question could arise as to exactly whose was the responsibility to save and protect the property.
The third group of exclusions (not including exclusion B.4.) allows coverage for ensuing loss, if the ensuing loss would otherwise be covered.
3.We will not pay for loss or damage caused by or resulting from any of the following. But if loss or damage by a Covered Cause of Loss results, we will pay for the loss or damage caused by that Covered Cause of Loss.
a.Wear and tear; depreciation.
b.Any quality in the property that causes it to damage or destroy itself, hidden or latent defect, gradual deterioration.
c.Mechanical breakdown, malfunction or failure to operate of any part of a “tank”.
However, this exclusion does not apply to loss or damage to the covered contents of the “tank”.
d.Insects, vermin, rodents.
e.Corrosion, rust, dampness, extremes of temperature.
4.We will not pay for loss or damage or any expenses incurred by you resulting from any leakage, discharge, dispersal, seepage, migration, release or escape of the contents of a “tank” which is intended from the standpoint of the insured.
Analysis
As is common with inland marine coverages, loss caused by or resulting from any of a number of perils is excluded, unless an ensuing covered loss occurs. For example, loss caused by corrosion or rust is not covered, but an ensuing loss not otherwise excluded is covered. Say a tank rusts so that its contents leak out; there is no coverage for the resulting loss (see exclusion B.2.d.). But if the tank rusts, and, upon air reaching the tanks contents an explosion results, there is coverage for the damage caused by the explosion.
Exclusion B.4. specifically excludes any loss, damage, or expenses resulting from any escape of the contents of any tank which is intended from the standpoint of the insured. As in exclusion B.2.k., the form does not specify who the insured is, and so a potential dispute over coverage could arise in event of a loss.
C.Limits Of Insurance
The most we will pay for loss or damage in any one occurrence is the applicable Limit of Insurance shown in the Declarations.
Separate Limits of Insurance are shown in the Declarations for Earthquake and “Water Damage”.
D.Deductible
We will not pay for loss or damage in any one occurrence until the amount of the adjusted loss or damage before applying the applicable Limits of Insurance exceeds the Deductible shown in the Declarations. We will then pay the amount of the adjusted loss or damage in excess of the Deductible, up to the applicable Limit of Insurance.
Specific deductibles apply to:
1.”Water Damage”; and
2.Earthquake.
All earthquake shocks that occur within a 168 hour period following the earthquake will constitute a single earthquake occurrence.
In the event that loss or damage occurs to both “tanks” and contents as a result of one occurrence, the larger applicable deductible shown in the Declarations will apply.
Analysis
The standard deductible is $500; other deductibles may be selected. The insured can purchase coverage for either tanks, contents, or both, with different limits of insurance selected and different deductibles applying. Coverage limits per occurrence and per aggregate can be selected for both earthquake and water damage.
If one occurrence—fire, say—damages both a covered tank and its covered contents, then only the larger deductible is applied.
When written on a scheduled basis, coverage is commonly written on a 100 percent coinsurance basis. If coverage is written on a blanket basis then there is no coinsurance.
When forming a policy, commercial inland marine conditions form CM 00 01 and common policy conditions form IL 00 17 are to be attached to the storage tank coverage form. There, are, however, conditions that apply solely to form IH 00 83.
E.Additional Conditions
1.Valuation
The Valuation General Condition in the Commercial Inland Marine Conditions is replaced by the following:
a.Property You Own Or Lease
The value of:
(1)”Tanks” will be the least of the following amounts:
(a)The actual cash value of that property;
(b)The cost of reasonably restoring that property to its condition immediately before loss or damage; or
(c)The cost of replacing that property with substantially identical property; and
(2)Bulk liquids will be the lesser of your:
(a)Original cost, including costs associated with acquisition; or
(b)Inventory value.
In the event of loss or damage, the value of property will be determined as of the time of loss or damage.
b.Sold Property – Bulk Liquids
The value of property sold but not yet delivered will be your net selling price after all allowances and discounts.
c.Property Of Others – Bulk Liquids
The value of property of others in your care, custody or control will be the lesser of the:
(1)Agreed value; or
(2)Market value at the time of loss.
2.The following conditions apply in addition to the Commercial Inland Marine Conditions and the Common Policy Conditions:
a. Coverage Territory
We cover property whenever located within:
(1)The United States of America (including its territories and possessions);
(2)Puerto Rico; and
(3)Canada.
b.Coinsurance
If a Coinsurance percentage is shown in the Declarations, the following condition applies:
We will not pay the full amount of any loss if the value of Covered Property at the time of loss times the Coinsurance percentage shown for it in the Declarations is greater than the Limit of Insurance for the property.
Instead, we will determine the most we will pay using the following steps:
(1)Multiply the value of Covered Property at the time of loss by the Coinsurance percentage;
(2)Divide the Limit of Insurance of the property by the figure determined in Step (1);
(3)Multiply the total amount of loss, before the application of any deductible, by the figure determined in Step (2); and
(4)Subtract the deductible from the figure determined in Step (3).
We will pay the amount determined in Step (4) or the Limit of Insurance, whichever is less. For the remainder, you will either have to rely on other insurance or absorb the loss yourself.
This provision does not apply to blanket coverage on “tanks” or contents.
Analysis
The conditions detail how covered losses will be settled. Covered tanks are settled for the least of: their actual cash value; the reasonable cost of restoration; or the cost of replacing the property with other property substantially identical to the lost or damaged tanks. Value is determined at the time of loss.
Contents may be owned by the named insured or stored for another party. Should a covered loss occur, the policy then gives the methods to be used to settle the loss. Contents belonging to the named insured that have been sold but not yet delivered at the time of the loss are valued at the net selling price after all allowances and discounts. Property that belongs to others but is in the named insured's care, custody or control is valued at the lesser of agreed value or market value at the time of loss.
The coverage territory is within the United States, its territories and possessions, Puerto Rico, and Canada .
Condition E.2.b. describes application of the coinsurance percentage when the value of the covered property at the time of loss times the coinsurance percentage is greater than the limit of insurance for the property. For example, say the value of covered property at the time of loss is $60,000, the limit of insurance is $50,000, and a 90 percent coinsurance and $500 deductible apply. The amount paid would be determined by multiplying $60,000 times .9, which equals $54,000. In turn, $50,000 is divided by $54,000 which equals .925; this figure times $60,000 gives $55,555. The deductible is then subtracted, leaving $55,005. But because the limit of insurance is $50,000, that amount is the most that will be paid.
F.Definitions
1.”Pollutants” means any solid, liquid, gaseous or thermal irritant or contaminant, including smoke, vapor, soot, fumes, acids, alkalis, chemicals and waste. Waste includes materials to be recycled, reconditioned or reclaimed.
2.”Specified Causes of Loss” means the following:
Fire; lightning; explosion; windstorm or hail; smoke; aircraft or vehicles; riot or civil commotion; vandalism; leakage from fire extinguishing equipment; sinkhole collapse; volcanic action; falling objects; weight of snow, ice or sleet; accidental discharge or leakage of water or steam as the direct result of the breaking or cracking of any part of a system or appliance containing water or steam.
a.Sinkhole collapse means the sudden sinking or collapse of land into underground empty spaces created by the action of water on limestone or dolomite. This cause of loss does not include:
(1)The cost of filling sinkholes; or
(2)Sinking or collapse of land into manmade underground cavities.
b.Falling objects does not include loss or damage to the interior of a “tank” or property inside a “tank”, unless the exterior of the “tank” is first damaged by a falling object.
3.”Tank” means:
a.A storage tank described in the Declarations; and
b.Piping, pumps and other appurtenant apparatus and equipment that:
(1)Are an actual part of a described tank;
(2)Connect described tanks, one with another; or
(3)Are within 100 feet of a described tank.
4.”Water damage” means:
a.Flood, surface waters, waves (including tidal wave and tsunami), tides, tidal water, overflow of any body of water, or spray from any of these, all whether or not driven by wind (including storm surge);
b.Mudslide or mudflow;
c.Water that backs up or overflows or is otherwise discharged from a sewer, drain, sump, sump pump or related equipment;
d.Water under the ground surface pressing on, or flowing or seeping through:
(1)Foundations, walls, floors or paved surfaces;
(2)Basements, whether paved or not; or
(3)Doors, windows or other openings.
e.Waterborne material carried or otherwise moved by any of the water referred to in Paragraph a., c. or d., or material carried or otherwise moved by mudside or mudflow.
Analysis
The definitions of “pollutants,” “specified causes of loss,” and “water damage” are common to many ISO property coverage forms. However, one of the specified causes of loss, “falling objects,” is modified so as not to include damage to the interior of a tank or to its contents unless the exterior is first damaged by a falling object. In the ISO CP 10 30 10 12 causes of loss – special form the peril does not include loss to the interior of a building or structure or the property contained within unless the falling object first damages the exterior.
The definition of a “tank” is intentionally broad so that it includes not only the tank itself, but the typical piping, pumps, equipment, and any other apparatus that is used with a storage tank. The apparatus can be part of the tank, connect one tank with another, or be within 100 feet of a described tank.
As with many of the ISO forms, the definition of water damage has been changed to include tsunami and tidal water. Discharge from a sump, sump pump or related equipment is also added to the definition, as is waterborne material.