Aboveground oil tank coverage from $219 a year
You can see an aboveground tank, which is exactly why people assume it is fine. Rusted legs, a failed seam or a split oil line still empties a full tank onto a basement floor — and standard homeowners insurance treats that as wear, not damage.
What the plan covers
Repair, replacement and cleanup on one plan — and it transfers with the house if you sell.
Tank repair and replacement
Fast, reliable service to fix or replace your aboveground oil tank, keeping it operating safely and efficiently.
Remediation and clean-up
If a leak or spill happens, our network of technicians responds quickly and provides full clean-up to protect your property and the environment.
Labor costs
Labor for tank removal, clean-up and remediation. Replacement tank covered up to $2,000.
New parts and pipes
Quality replacement parts including gauges, pipes, oil lines, nozzles, vents and filters, to keep the system running like new.
Third-party liability
If a spill or leak reaches a neighboring property or a water system, those costs are covered too.
Transferable coverage
Adds value to your home and smooths a sale — the coverage transfers to the next owner.
Visible does not mean safe
An aboveground tank fails from the inside out: condensation collects and rusts it from within, legs corrode, oil lines split — and none of it is visible until it is too late. With a full tank in winter, there is enough weight behind a pinhole to open it. Because that damage is gradual, homeowners policies exclude it — and a basement spill means cleanup, disposal, a new tank and often floor remediation. ProGuard covers up to $50,000 per claim.
See how the plans compare →How getting covered works
Enroll online
A few minutes, and no inspection. You confirm at checkout that your tank meets the eligibility criteria and has no pre-existing damage.
Confirm and pay
Your price is set by where the tank sits — $219 a year for a tank inside, $249 outside.
You are covered
One call starts a claim. We appoint the contractor and manage the repair or replacement through to completion.
Questions homeowners ask
How do I know if I have an ‘Aboveground Oil Tank’ or an ‘Underground Oil Tank’?
An underground oil tank is hidden in the soil. The only sign of its existence will be a fill pipe and vent pipe above where the tank is located. Aboveground tanks are visible. Even if a tank is situated in a basement below the level of the ground outside – ProGuard views it as an aboveground tank.
How much does an Aboveground Oil Tank Protection Plan from ProGuard cost?
Our standard price for Aboveground Oil Tank Protection is $219 per year for a tank inside the home, or $249 per year for a tank outside; however, if you use one of our partners to deliver your oil or install your new oil tank, you may be eligible for a discount. Check our ‘Get Coverage’ page for more details.
What is covered as part of an Aboveground Oil Tank Protection Plan?
Our Aboveground Oil Tank Protection Plan provides $50,000 of environmental clean-up coverage. It also contributes $2,000 to the cost of a new tank. When you enroll, your tank needs to be in good condition (see our criteria here) and not leaking. If your tank does not meet our criteria or has already started to fail at time of enrollment, your claim will be denied.
How do I know if I’m eligible to purchase an Aboveground Oil Tank Protection Plan?
If you are the owner of the tank (if you are the homeowner, you will be) and it meets our criteria and is not leaking, you can enroll.
How can I purchase an Aboveground Oil Tank Protection Plan?
Click on the ‘Get Coverage’ link above to enroll! If you have received a ProGuard mailer or leaflet with a QR code, scan that code for your personalized offer.
Is there a deductible if I have a leak and need to make a claim?
Yes — Aboveground Oil Tank claims carry a $500 deductible.
When I have a problem and need ProGuard, what is the customer experience?
Don’t worry, you’re in safe hands. We’ve been in business for over 25 years and we’ve seen it all.
You should immediately contact us to file a claim either online or by calling us on 888-354-0677. Once a claim has been filed, you will be assigned an expert claims handler who will request specific information. We will then assign one of our field experts to your case, and they will be in touch with you to project manage your claim to successful close in a timely manner and to the standards that we demand from our technician and contractor network.
Why should I purchase a protection plan on my aboveground oil tank?
Aboveground tanks will give years of faithful service but, like anything, in time they will fail. Almost always they corrode from the inside-out, so you will not know when a leak is about to happen until it is too late. Oil from a leaking indoor tank can easily escape through cracks in concrete slab or, even worse, get into a basement sump and into waterways, causing an expensive environmental nightmare. An outdoor tank that leaks will pollute the soil and water courses too. If there is a leak, your state or town will have strict rules on cleanup and soil disposal, costing you tens of thousands if you do not have ProGuard coverage.
As a ProGuard member you also have something useful to offer a homebuyer if you sell. Coverage is transferable from you to the homebuyer.
What are the risks associated with a failed aboveground oil tank if I do not have ProGuard?
There are many to list – and only ProGuard knows how to handle them:
- The first crisis to handle will be how to remove the oil from the bad tank.
- You may have a ton of oil in the tank that now is escaping.
- Calling a specialist emergency contractor to pump the oil out will cost thousands.
- Now your home has no heat.
- You now need to find someone to replace the tank.
- You are in a hurry as you have no way to heat your home. The contractor knows this, so you have no power to negotiate price with them.
- The price goes up. The contractor points to all the environmental regulations that have been broken and how onerous the cleanup is.
- Now the bill is heading to five-figures.
If the oil has escaped to neighboring land you may be liable to clean up that property too. - The job is often NOT DONE until the DEP says the soil is clean enough.
Does my homeowner’s insurance policy cover my aboveground oil tank?
Almost certainly not. Tanks fail due to corrosion / wear and tear, which is a general exclusion in most policies, and many policies specifically exclude the consequences of oil contamination for any reason as well.
How long does an Aboveground Oil Tank Protection Plan last?
Our standard coverage lasts one year. If you have just bought your home or had a new tank installed, 5-year coverages may be available for you.
Won’t my oil delivery company look after me if my tank fails?
Oil companies specialize in delivering oil – we specialize in protecting oil tanks. Your oil company might offer you a ‘tank protection program’ – if it is not ProGuard then it is likely a shallow coverage, often only offering a discount on a replacement tank, and no clean-up or environmental remediation. Nor does it offer the expertise, independence or impartiality that we offer in representing you when a claim occurs. Importantly, these plans are not underwritten by a large insurance company and so you can’t be 100% sure they will be there to pay your claim. Look for the name ‘ProGuard’ before you buy!
What causes an Aboveground Oil Tank to fail?
- Fragile legs and physical foundation on which tank stands;
- Corrosion from inside due to condensation and biofuels;
- Age of tank;
- Lack of maintenance;
- Direct damage to the tank;
- Frayed lines;
- Broken gauges and attachments;
- If located outside, vegetation and debris around the tank.
Still not answered?
Robin, our assistant, answers plan questions on the spot — what is covered, what it costs, whether you are eligible, and what happens when you claim.
Cover the tank before it goes
Enroll online in minutes, or call (888) 354-0677 and we will walk you through it.
Get covered