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If you own a property with an old oil tank, you might be wondering whether it’s necessary or beneficial to have it removed. While the decision ultimately depends on your specific circumstances, there are several reasons why you should consider oil tank removal in Abbotsford.
The popularity of purchasing oil tanks for properties began to decline in the 1950s after environmental regulations became more stringent. Many homeowners and businesses opted to replace their underground tanks with above-ground storage tanks or transitioned to alternative heating sources like natural gas, propane, or electric heating systems. Oil tank removal in Abbotsford became a common practice to eliminate potential environmental and safety risks. To this day, homeowners are continually encouraged to remove oil tanks on their properties if they are no longer in use and here’s why!
Oil tanks, particularly older ones, pose a risk of leaks, spills, and soil contamination. Oil can seep into the ground, potentially contaminating groundwater and nearby water sources. The fauna and flora that humans rely on for oxygen can be significantly impacted by oil tanks. Leaking tanks can spread into lakes, rivers, and even municipal drinking fountains. Oil tank removal in Abbotsford eliminates the risk of leaks and helps prevent environmental damage.
Older oil tanks are susceptible to corrosion, which can ultimately pose fire hazards especially if the tank is located in enclosed spaces. Fires or explosions can do some serious damage to property and cause potential harm to the individuals who reside there. Oil tanks can have detrimental effects on human health. Leaks, spills, or improper maintenance of oil tanks can release harmful substances into the environment, leading to potential health risks such as respiratory issues.
An unused or abandoned oil tank can negatively impact the value of your property. Prospective buyers may be concerned about the environmental and financial implications of maintaining an oil tank. Oil tanks, especially above-ground ones can occupy valuable space on the property. Removing the tank frees up that space allowing for greater flexibility in terms of property usage and design. Oil tank removal in Abbotsford can enhance the marketability and value of your property.
Insurance companies often view properties with oil tanks as higher risk and charge higher premiums or impose coverage limitations. Typical home insurance coverage in the Abbotsford area does not cover damage to property resulting in issues or spills with oil tanks. If you can find an insurance company that offers some form of coverage for oil tank accidents, this coverage is only permissible for known oil tanks. Say you didn’t realize your property had an old oil tank on site and you discovered damage- in this case, you’re on your own to pay. Due to this, many homeowners opt for oil tank removal in Abbotsford.
By choosing oil tank removal in Abbotsford, you eliminate the need for ongoing maintenance and inspection costs associated with the tank. This includes expenses for cleaning, testing, and ensuring compliance with regulations. Underground oil tanks also bring an assortment of regulations and requirements. Navigating permits, inspections, and compliance can become a nuisance and cost you money. Professional removal reduces the long-term financial burden of maintaining and monitoring an oil tank.
West Coast Tank Recovery provides residential oil tank removal in Abbotsford and the rest of the Fraser Valley area. With over 17 years in the business, we take pride in maintaining a high level of professionalism and exceptional customer service. So, contact us today!