Revised On: Sept. 5, 2024 - 1:00 p.m.

The following describes demonstrations required for categories of UST owners and operators seeking to participate in the Preapproval Program. The full eligibility criteria description for the Preapproval Program, can be found in Arizona Revised Statutes (A.R.S.) § 49-1006.02(A), (B) and (C) | View >

UST Insurance Financial Assurance Mechanism with a Deductible Less Than $50,000

At a minimum, documentation must include the following:

• A complete copy of the applicable UST insurance policy in effect at the time the release is discovered (if not already on file with ADEQ) that includes the amount of the insurance deductible
• Documentation demonstrating a timely claim was filed with the insurance provider
• Correspondence between the applicant (insured) and the insurance provider that demonstrates pursuit of coverage through denial or, after assistance from ADEQ, until ADEQ determines that the claim has been constructively denied
  

Categories that Require the Applicant to Pay a $50,000 Cost Share Prior to Receiving any State Funding Assistance:

UST Insurance Financial Assurance Mechanism with a Deductible of $50,000 or More

At a minimum, documentation must include the following:

• A complete copy of the applicable UST insurance policy in effect at the time the release is discovered (if not already on file with ADEQ) that includes the amount of the insurance deductible
• Documentation demonstrating timely notice was provided to the insurance provider
• Requires demonstration that the $50,000 cost share obligation has been met

NOTE: Eligibility ends when the insurer is obligated to provide payment under the policy

Financial Assurance Mechanism Option Other Than UST Insurance

At a minimum, documentation must include the following:

• Documentation demonstrating compliance with requirements under your applicable financial assurance mechanism(s)
• Requires demonstration that the $50,000 cost share obligation has been met
  

Financial Assurance Mechanism: UST Insurance with the UST Release Reported July 1, 2006 – Dec. 31, 2015

At a minimum, documentation must include the following:

• A complete copy of the applicable UST insurance policy in effect at the time the release is discovered (if not already on file with ADEQ)
• Requires demonstration that the $50,000 cost share obligation has been met
  

No Financial Assurance Mechanism in Place and the UST Release Pre-Dates the Applicable Financial Responsibility Requirement Date

An owner or operator may be eligible if the date of the release pre-dates the financial responsibility requirements that were applicable for their designation and size at the time of the release.

¹Under ARS § 49-1006.01(D) | View >