Thursday, September 9, 2010

Homeowner Oil Heating Upgrade Law

The new Homeowner Oil Heating System Upgrade and Insurance Law, originally set to become law effective July 1, 2010 has been delayed and will become effective September 11, 2011, giving homeowners 15 additional months to comply. The law is designed to eliminate oil leaks that have plagued numerous older homes when a fuel line leaves the oil tank and is buried in concrete. In addition, the new law requires homeowner insurance companies to make available coverage, at an additional charge, for oil spills to all homes that are in compliance with the new rules.

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