Oil and Gas Contractors' Equipment Insurance
Contractors' equipment presents a great diversity of exposures in a wide variety of environments — onshore, offshore, in cities, in forests or mountains — virtually anywhere. To help keep these assets protected, Travelers Oil & Gas offers contractors' equipment coverage.
What Is Included Under Contractors' Equipment Insurance?
A contractors' equipment insurance policy typically provides coverage for:
- Scheduled equipment on the policy or in a separate schedule on file with us.
- Unscheduled owned equipment.
- Unscheduled equipment owned by others.
- Equipment while leased, rented or loaned to others.
Plus Other Enhancements Including:
- Additional coverages
- Continuing rental payments
- Debris removal increased limit
- Employee tools, equipment and clothing
- Pollutant clean up and removal
- Preservation of property expense
Coverage Extensions:
- Business personal property in job trailers
- Document and data restoration costs
- Hauling property of others
- Newly acquired equipment – per item
- Rental costs
- Upgrades to covered property
Additional Options Also Available Include:
- EnergyPro® Oil and Gas Motor Vehicle Changes
- EnergyPro® Oil and Gas Pipeline Inspection Gauge Additional Coverage
- Limited Downhole Coverage
Who Is Contractors’ Equipment Right For?
Find an Agent
Need an Agent?
Get the personal service and attention that an agent provides.
Find a local agent in your area:
Insights & Expertise
Managing Oil and Gas Risk with Contractual Risk Transfer
Having a comprehensive contractual risk transfer (CRT) program can be a critical component in managing risks in the oil and gas industry.
Safety Tips to Help Protect New Oil and Gas Workers on the Job
Having well-documented policies can help companies safely and efficiently onboard employees.
Three Key Ways to Protect Oil and Gas Operations from Pollution Risks
The impact of pollution losses from an oil spill or gas leak can be damaging to a company's reputation.
Related Services
Travelers Oil & Gas Risk Control
We understand that each oil and gas company has unique risks and exposures. Our knowledgeable Risk Control professionals, who are dedicated to the oil and gas industry, work with customers to help them understand and manage these risks.
Travelers Oil & Gas Claim
Our claim team specializes in handling losses that arise out of the oil field, with proven expertise in understanding master service agreements (MSAs) and the importance of contractual risk transfer (CRT). We offer the power and resources of a national company, with local expertise and autonomy.