Call Us Today 888.279.9701
Home Page Email
Business
Insurance
Home/Auto
/Life
Health &
Benefits
Payroll
& HR

Oil and Gas Insurance


Oil and Gas Insurance Information

Businesses in the oil and gas industry face situations that require specialized insurance solutions. While, like other business, they need workers compensation insurance, general liability insurance, automobile insurance and property insurance, they also need policies that are specifically tailored to the equipment used for their business, potential environmental risks, and safety risks exclusive to their industry.

Oil and Gas Equipment

The machinery, tools and rigs used in the field cannot be covered by a standard automobile policy or property insurance policy. Instead, rigs and equipment coverage is necessary. These pieces of equipment are not only expensive to repair or replace, but it can devastate a business when they are out of commission. Insurance can provide replacement cost or agreed value in order to help the company get back on track as quickly as possible.

Environmental Concerns

Environmental damage caused by a malfunction or error that results in a spill can be devastating to an oil and gas company as well as the area and population affected by the spill. With cleanup costs and the potential for lawsuits, self-insurance is not always a practical option. Oil and gas equipment coverage will cover some of the cleanup costs but additional liability protection through an umbrella policy may be necessary.

Safety Risks

Employees of oil and gas companies can be exposed to far more risks than employees of other businesses. Providing employees with the peace of mind of having accidental death and dismemberment coverage as well as workers compensation coverage will not only help to maintain employee satisfaction and motivation, it will also help protect your business from potential claims you could face when an employee is injured or experiences a fatality on the job.

Get a Quote
Interested In
Zip Code
Workers Compensation
Commercial Real Estate
Contractors
Restaurant/Bar & Tavern
Ag Crop/Rainfall
Oil & Gas
Professional Liability
Attorney
Auto/Home/Life
Health & Benefits
Payroll & HR
Tech/Cyber Liability
Auto Service
Business/General Liability
Trucking
CrossFit Deco
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
Connect With Us:
Social Social Social Social Social
Alliance Insurance Group
710 Golden Ridge Rd., Suite 120
Golden, CO 80401

Phone: 888.279.9701