Insurance for Suppliers in the Oil and Gas Industry
Businesses supplying goods to the oil and gas industry have unique insurance needs. From sales and service to rental entities, Travelers insurance products are designed to help protect against third-party claims, as well as to help protect employees and physical assets.
Core Insurance Offerings
Travelers is a leader in the oil and gas industry, with more than 20 years serving oil and gas customers, including those involved in sales and service of products used on the well site. Key coverages include:
Who Is this Insurance Right For?
- Downhole tools and equipment suppliers
- Drilling mud or oilfield chemical suppliers
- Oilfield supply dealers
- Oilfield machinery or equipment dealers
- Oilfield machinery or equipment lessors
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What Specialized Coverage Is Needed by Suppliers in the Oil and Gas Industry?
Key coverages for suppliers in the oil and gas industry are commercial general liability, commercial automobile and excess/umbrella liability. Specialized commercial general liability coverage can help cover costs incurred as a result of a third-party claim for bodily injury or property damage, and for losses arising out of sudden and accidental pollution incidents and contractual liability. A commercial automobile policy can provide liability and physical damage coverage for both small and large fleets of commercially owned vehicles that are often on the road delivering supplies to clients. We also offer excess/umbrella liability coverage to provide an additional layer of protection.
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Insights & Expertise
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