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Posted by EXT on November 2, 2008, 9:44 am
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> ahh the perspective homeowner wouldnt be able to get homeowners
> insurance if the tank is over 20 years old........
> *******************************************************************
> Nonsense. Houses are sold and insured every day with tanks that are 30
> years and older. There may be a few instances where that is true, but I
> know of plenty that have never had a problem.
Actually, it is not nonsense. Insurance companies are finding that a leaking
tank can cost them many thousands of dollars to cover contamination of the
house and soil under the house. Many if not most have set an arbitrary life
on a fuel tank of 20 years. They are decreeing that they must be replaced
whether they look good or not and some want them replaced with a double wall
tank. I have a friend that had the threat of cancelling his insurance if he
didn't replace the tank.
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Posted by clare on November 2, 2008, 1:34 pm
wrote:
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>ahh the perspective homeowner wouldnt be able to get homeowners
>insurance if the tank is over 20 years old........
>*******************************************************************
>Nonsense. Houses are sold and insured every day with tanks that are 30
>years and older. There may be a few instances where that is true, but I
>know of plenty that have never had a problem.
Virtually impossible to get insurance on a new purchase with a 30 year
old tank in Ontario
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Posted by Logic316 on November 2, 2008, 5:59 pm
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> Nonsense. Houses are sold and insured every day with tanks that are 30
> years and older. There may be a few instances where that is true, but I
> know of plenty that have never had a problem.
I concur.
My tank was there long before I was born, and none of the home insurance
companies I've dealt with gave me a problem about it. But hey, the way
environmental laws are evolving these days, I'll certainly take into
consideration that having a tank 35+ years old (leaking or not) *might*
become an issue for me in the future. I'm glad I brought it up.
- Logic316
"I've had a perfectly wonderful evening. But this wasn't it."
-- Groucho Marx
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Posted by clare on November 2, 2008, 1:48 am
On Sat, 1 Nov 2008 16:54:27 -0400, "Logic316"
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>> On Fri, 31 Oct 2008 23:48:52 -0400, "Logic316"
>> You continue to amaze me with your cheapness and stupidity.
>> Its obvious your tank is old and an accident waiting to happen.
>> Why not do it now before you tank leaks/busts/ruptures? You obviously
>> will do it yourself since you seem to know everything. How hard is it
>> to go buy a tank with the screw on legs, get a buddy and a dolly and a
>> 12 pack and put a new one in place? Make sure you put a bottom drain
>> with shut-off to periodically drain off the bottom contents to remove
>> water and sediment. Put the whole tank in a pan. Convert it to a two
>> pipe change your filter and nozzle and you are good to go.
>> With the excess oil you burn being a tightass tuning your own boiler,
>> surely you wont mind spending a few hundred bucks to change out your
>> tank.
>> Bubba
>I know I'm feeding a troll here, but what if somebody's in a situation where
>he's planning to sell the house soon anyway?
>Didn't think of that, did you?
>- Logic316
>Expert:(n) from EX as in 'has been' and SPURT, 'a little drip under
>pressure'.
If you change it now the new buyer won't knock your price down due to
an oil poluted basement.
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Posted by Logic316 on November 2, 2008, 6:08 pm
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> On Sat, 1 Nov 2008 16:54:27 -0400, "Logic316"
> If you change it now the new buyer won't knock your price down due to
> an oil poluted basement.
It's a high-gloss enamel coated floor. Unlikely any dripping oil would
contaminate the concrete or ground under it. And with the oil pooling on top
of the floor with no place to go, it would be kind of hard for me to not
notice a leak. Of course, the way the oil company guys tend to carelessly
spill oil onto the ground next to the filler spout by the side of my house,
well, maybe I won't get into that.......
- Logic316
"Engineering is the art of making what you want from things you can get."
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> insurance if the tank is over 20 years old........
> *******************************************************************
> Nonsense. Houses are sold and insured every day with tanks that are 30
> years and older. There may be a few instances where that is true, but I
> know of plenty that have never had a problem.