Is Proguard Oil Tank Insurance Worth It for Your New Jersey Property?
Author : Simpletank Service | Published On : 19 Aug 2026
Unforeseen leaks can cause financial and environmental problems for New Jersey homeowners who have an underground heating oil tank or an aboveground storage tank. Proguard Oil Tank Insurance offers coverage for some of the costs associated with the removal, contamination cleanup, soil testing, backfill, and third-party liability involved in the removal of the oil tank, depending on the coverage selected. The current advertised level of coverage for underground oil tanks offered by ProGuard is up to $100,000.
Interestingly, as the search for topics regarding home protection, some of the homeowners may find some non-related searches like IT Support Solutions Newyork. Oil tank insurance is a special property protection and environmental protection problem; however, that needs to be considered separately.
Why Oil Tank Insurance Matters in New Jersey
A leaking heating oil tank can have a greater impact than just the tank. Fuel may spread to soil, groundwater, adjacent property, or other environmental resources. The New Jersey Department of Banking and Insurance cautions that the expenses for cleanup of oil tanks due to pollution can escalate and that homeowners' policies may exclude or limit pollution liability. That's why specialized coverage may be a good idea, especially if you have an older tank.
Proguard Oil Tank Insurance – What's Covered?
The extent of coverage will vary depending on the type of policy and the policyholder's eligibility, so homeowners should take a careful look at the policy prior to purchase. ProGuard's current plan for the underground tank includes coverage for tank removal and disposal, ground contamination treatment, soil testing, backfill, associated labor, and third-party liability, and promises that the total coverage is capped at $100,000.
Some plans may also offer emergency response services and coverage options for the transfer of coverage on a property changing ownership.
Does the Coverage Make the Grade?
Yes, for many homeowners, in fact, as long as the cost of an environmental cleanup is more expensive than the cost of the insurance policy. But insurance is not a substitute for routine checkups on your tank, professional testing, or responsible maintenance.
New Jersey guidance says homeowners should have their oil tanks inspected and tested to ensure that the problem doesn't become an environmental issue and, more importantly, a property issue.
When looking to buy, check out the premium, deductible, coverage limits and exclusions, waiting period, eligibility criteria, and if existing contamination will be covered or not.
When considering the purchase of a home, there are several important points for homeowners to consider.
All these can be critical factors in deciding between insurance choices.
Final Thoughts
Proguard Oil Tank Insurance offers an extra layer of financial security to qualifying New Jersey homeowners, but only if the tank is in good condition, the property is involved in a situation, the policy has specific terms, and there is potential for cleanup. Before purchasing special insurance, homeowners should understand what they are paying for and review the insurance coverage. Homeowners can use Simple Tank Service to educate themselves about how to take action to protect their property when looking for professional advice on removing, testing, and options for remediation of their oil tanks.
Frequently Asked Questions
1. Should customers of oil tank insurance companies in New Jersey buy Proguard Oil Tank Insurance?
Not always required, but for certain houses, oil tank losses due to pollution can be covered with a special policy, as standard homeowners policies may have limitations or exclusions on pollution coverage.
2. Are underground oil tanks covered by ProGuard?
Under the new ProGuard coverage, up to $100,000 is currently being offered for underground oil tank removal and replacement, soil testing, soil treatment, backfill, and listed services. Coverage as actually valid is subject to the terms and conditions of the policy and eligibility.
3. Is soil contamination covered by oil tank insurance?
Some ProGuard plans have ground contamination treatment and soil testing as specific covered services. Owners must be sure to check the specifics, exemptions, and restrictions outlined in their own policy.
4. Even if I have oil company insurance, should I check my oil tank?
Yes. Insurance is not a substitute for inspection and preventive maintenance. The NJ DNR urges residents who own oil tanks to test and inspect them.
5. So, what would be the best comparison to make before purchasing oil tank insurance?
Discuss coverage limits, deductibles, exclusions, eligibility requirements, remediation coverage, third-party liability, tank removal provisions, or any conditions relating to existing or previously detected contamination.
