Petroleum Marketers Management Insurance Company, or PMMIC, is a licensed stock insurance company admitted in the states of Iowa and Arizona. PMMIC provides environmental liability coverage for regulated petroleum storage tank facilities. Our policy satisfies state and federal financial responsibility requirements for regulated underground storage tanks. We are admitted and currently writing coverage in the states of Iowa and Arizona and we also offer coverage in Kansas, Wisconsin and New Mexico. We insure both AST and UST systems.
Our goal is to protect the value of every facility we insure and to operate in a successful manner to provide value to our investors. We have a unique, comprehensive loss control and inspection program that helps our customers to reduce losses from environmental risks. Our premiums take into consideration the risks associated with each tank system we insure. We offer competitive rates and an annual on-site inspection of every facility we insure. We provide Class A and Class B Operator training for our customers.
PMMIC has a financial strength rating of A- (Excellent) from AM Best. If you are interested in purchasing coverage for your petroleum storage tank system, or if you need information on the best management practices for operating your facility, please contact us.