A Comprehensive Guide to Contractors Insurance in Ontario
Understanding Contractors Insurance Contractors in Ontario face a unique set of risks every day, from potential legal claims to equipment theft and job site accidents....
Ontario has the lowest standards for oil tank thickness in Canada, according to government regulations. Most insurance companies provide coverage in other provinces and may have higher standards then the provincial regulations in Ontario. So even through government safety standards do not require you to have your oil tank inspected, the insurance company might ask for an inspection in order to provide you with the right coverage. For example, some insurers won’t insure single walled tanks even though they are acceptable by the safety code in Ontario.
Every homeowner using fuel should adopt the following preventative measures to protect their home, family, and neighbours:
Did you know…
According to Statistics Canada, over 300,000 homes in Ontario use oil as the primary fuel for heating.
Over 85% of the tanks manufactured in Canada in the last 25 years have been 14 gauge.
The median age of fuel oil tanks is 10 years.
If you are experiencing any of the below, contact your oil tank technician or fuel oil supplier to arrange for a more detailed inspection.
Understanding Contractors Insurance Contractors in Ontario face a unique set of risks every day, from potential legal claims to equipment theft and job site accidents....
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Competitive rates for optimal coverage.
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