Oil & Gas Insurance in TEXAS
Looking for Oil & Gas insurance in Texas for oil drilling, gas exploration, production, EPC or consulting? Our One Hampton Insurance agents are available to help for a free oil and gas insurance quote. Having the correct Oil and Gas Insurance Policy is super important to your business.
Types of Oil & Gas Companies we work with - Upstream, Midstream, and Downstream Oil and Gas Operations
Oil and Gas Pipeline Contractor
Oil Storage Facility Construction
One Hampton Insurance is a Texas independent insurance agency.
Houston - San Antonio - Dallas - Austin - Fort Worth - El Paso
How much does Oil and Gas Insurance cost in Texas?
Oil and Gas Insurance in Texas can cost as little as $2,500 for the year. For larger businesses with employees, equipment, and vehicles, insurance can cost well over $50,000 - $100,000 for the year. Oil and Gas Insurance costs are driven by the operations, payroll, and property of the business.
What does Oil & Gas Insurance Cover?
This coverage protects contractors against claims of bodily injury or property damage caused by their work. For example, if a contractor's work causes damages to a client's property or if a third party is injured due to work, this insurance can cover legal fees, medical expenses, and potential settlements or judgments.
This coverage protects energy contractors against claims of bodily injury or property damage due to pollution that they may or may not have caused as a result of their operations.
Professional Liability Insurance
This coverage protects energy contractors against claims of bodily injury or property damage as a result of the business and professionals providing their professional opinion, service, or design.
Contractors Equipment Insurance
This coverage protects a contractor's own property, including tools, equipment, and supplies, against damage or loss due to events like fire, theft, or vandalism. It may also cover damage to a client's property caused by the contractor's negligence.
If a contractor uses vehicles for business purposes, commercial auto insurance is necessary. This coverage protects against accidents, property damage, and liability claims while driving company vehicles.
Workers Compensation Insurance
If you have employees you will need to carry workers compensation insurance. This policy covers work-related injuries/illnesses that your employees may sustain during their employment. Finding the right work comp for your business is important.
This type of insurance provides additional liability coverage above the limits of general liability insurance, business auto liability, and employers liability. It helps protect contractors from significant lawsuits or claims that exceed their primary insurance coverage limits.
Free Assistance:
Give us a call today at 317-942-0549 or fill out the link below to start your free oil and gas insurance quote.