The Insurance Option can be chosen with Plan A or B for use with FUEL OIL ONLY, NOT KEROSENE OR PROPANE. World oil prices continue to fluctuate and there is no way to know what prices will do this winter. With the Insurance Option your price per gallon will drop if the oil prices drop this winter. This option insures that you will be getting the best possible fuel oil price all season. By paying an insurance charge at the beginning of the season, we will credit your account for the difference if the price of fuel at the time of delivery is below the Pre-Paid or Fixed price of your plan.

The insurance cost per gallon is $0.20. If you choose to purchase the insurance option, your insurance payment must be paid in full with your first budget payment or with your first prepay payment. For example, if you budgeted 500 gallons your insurance cost would be $50.00, and if you budgeted 1000 gallons your insurance cost would be $100.00. If you prepaid 750 gallons of kerosene with the insurance option included, your total cost would be $1425 (750 gallons @ $1.70/gallon + $150 insurance). If the price of kerosene dropped to $1.50/gallon and you needed a 300 gallon fill during the season, then $60.00 ($0.20/gallon less for 300 gallons) would be credited to your account.