wrote

I'd say that 15 years is not particularly old, first off...

It's old enough that it may not be a double-wall fiberglass tank.

Since probably half or more of RI residential heat is oil, it's hard to
imagine there are not thousands of insured underground tanks and will be
for years to come.

Yes, now try to get new insurance on those tanks. They'll all likely be
replace (with above ground tanks) the next time the property is sold.


People are starting to have insurance problems even with indoor tanks more
that 15 years or so old. No way I'd touch a house with an underground tank
these days, not worth the risk.