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tt W <br /> I <br /> Garrett Backus jEHj Page of 3 <br /> From: <br /> Garrett Backus [EH] <br /> Sent' Tuesday,Y, July 29, 2008 2:33 PM <br /> joperez@raleys.eom, <br /> Dc' ,Pat Farrington'; <br /> Subject: Garrett Backus [BH <br /> Financial Responsibilit for l <br /> Attachments: f+nancialrespons guideY USTs <br /> Hi, .pdf, Demo of Financial Responsibility.pdf; 23 CCR <br /> 2807,pdf <br /> Here is more info. regarding the financial responsibility documents required by my agency Every year. 1 am <br /> attaching PDF files with more details. Here is the type of insurance needed: <br /> WHAT TYPE OF INSURANCE COVERAGE IS NEEDED? <br /> Insurance may be in the form of a separate insurance olio <br /> an policy (pollution liability coverage) or <br /> endorsement to an existing policy. To cover all aspects of financial responsibility un <br /> mechanism, y der one <br /> the insurance policy must cover both taking corrective acti <br /> parties for bodily on, and compensating third <br /> injury and property damage caused by accidental releases arising from the operation of <br /> petroleum ISS Ts <br /> (refer to GFA 280.97 for the specific coverage requirements). The coverage limits are <br /> determined by the <br /> per occurrence and annual aggregate requirements of each owner or operator. General <br /> liability coverage <br /> does not cover underground storage tanks. <br /> The insurance policy must be issued by an insurer or a risk retention group that at minimum, <br /> is licensed to <br /> transact the business of insurance or eligible to provide insurance as an excess or surplus <br /> lines insurer in <br /> one or more states. <br /> Reference: CCR 2807 and 2808 <br />