COMMERCIAL INSURANCE
for oilfield industry
ELITE PARTNERS INSURANCE GROUP
Specialized Coverage for Oil & Gas Operators and Contractors
Oilfield Industry Insurance is designed to protect oil and gas companies from the extreme risks associated with exploration, drilling, production, transportation, and field services. From heavy equipment and fleet operations to environmental exposure and high-limit liability requirements, oilfield businesses operate in one of the most hazardous industries in the world.
At Elite Partners Insurance Group, we build customized insurance programs for oilfield operators and service contractors that protect your people, equipment, contracts, and long-term viability—so you can operate confidently in demanding and regulated environments.
If your business operates rigs, heavy trucks, field crews, or works under energy contracts, specialized oilfield insurance is essential—not optional.
ELITE PARTNERS INSURANCE GROUP
Who Needs oilfield industry Insurance
This coverage is critical for:
Oil and gas exploration and production companies
Drilling contractors and well service companies
Pipeline, midstream, and transmission contractors
Oilfield service and maintenance providers
Equipment rental and transport companies
Energy consulting, surveying, and engineering firms
Available in 47 states (not licensed in Hawaii, Alaska, or Delaware)
ELITE PARTNERS INSURANCE GROUP
TYPES OF INSURANCE POLICIES WE WRITE FOR the oilfield industry
Commercial General Liability (CGL)
Protects against third-party bodily injury, property damage, and personal injury claims arising from oilfield operations, including coverage with oilfield or energy-specific endorsements when required.
Commercial Auto (Heavy Truck & Fleet Insurance)
Covers company-owned trucks, tankers, and specialized oilfield vehicles for accidents, liability, and physical damage.
WORKERS' COMPENSATION
Provides medical benefits and wage replacement for employees injured on the job, helping ensure compliance with state labor laws.
UMBRELLA / EXCESS LIABILITY
Provides additional liability limits above primary policies to protect against catastrophic losses and severe injury claims.
Equipment Breakdown Insurance
Covers mechanical and electrical breakdown of critical equipment, helping reduce downtime and costly repairs.
Inland Marine (Rigs, Tools & Mobile Equipment)
Protects drilling rigs, tools, compressors, and mobile oilfield equipment while in transit, on location, or in storage.
Pollution Liability / Environmental Liability
Covers cleanup costs, third-party claims, and regulatory expenses resulting from pollution events or environmental contamination.
Contractors Pollution Liability (CPL)
Provides project-specific pollution coverage for oilfield contractors performing excavation, drilling, or remediation work.
Professional Liability (Errors & Omissions)
Covers claims arising from consulting, engineering, surveying, or technical services related to oilfield operations.
Property Coverage (Yards, Shops & Storage Facilities)
Protects owned or leased facilities, storage yards, and equipment shops against fire, theft, vandalism, and weather-related damage.
Cyber Liability Insurance
Protects against data breaches, ransomware, and cyber threats involving operational systems, contracts, and sensitive business data.
ADDITIONAL OPTIONAL INSURANCE POLICIES WE OFFER
Hired & Non-Owned Auto Liability (HNOA)
Protects your business when employees drive rental, leased, or personal vehicles for company work. HNOA coverage fills gaps in liability insurance, ensuring third-party claims are covered even when your fleet isn’t involved.
Additional Insured / Waiver of Subrogation (Contract Requirements)
Many contracts require your clients or partners to be added as Additional Insureds or to waive subrogation rights. This coverage ensures compliance, reduces exposure, and strengthens your ability to secure and maintain contracts.
Primary & Non-Contributory Wording
This policy language clarifies that your coverage takes precedence and does not rely on the other party’s insurance. It protects your business from coverage disputes and helps meet strict contract requirements.
Builders Risk (Project-Based)
Covers construction projects, materials, and temporary structures against fire, theft, vandalism, and weather-related damage. Builders Risk insurance safeguards your investment from groundbreaking to completion.
Business Income / Extra ExpENSE
Helps replace lost income and covers additional operational expenses if your business is temporarily disrupted by a covered loss. This coverage keeps your operations running and helps maintain client commitments during downtime.
Why Oilfield Industry Insurance Is Essential
Oilfield operations involve elevated exposure to severe injuries, environmental damage, and contractual liability. Without proper coverage, a single incident can jeopardize your business. Common risks include:
- Serious job-site accidents involving heavy equipment
- High-severity vehicle accidents with commercial trucks
- Environmental contamination and pollution claims
- Equipment failure causing operational shutdowns
- Contractual insurance and high-limit liability requirements
- Employment-related claims in high-turnover workforces
The right insurance program protects your workforce, contracts, reputation, and financial stability.
What Oilfield Industry Insurance Does Not Cover
Understanding policy exclusions helps prevent costly gaps:
- Intentional acts or criminal behavior
- Pollution events without environmental liability coverage
- Equipment failure not covered under breakdown policies
- Professional services outside E&O coverage
- Cyber incidents without cyber liability insurance
We structure oilfield insurance programs to address these exclusions and eliminate coverage gaps.
Why Oilfield Industry Insurance Is Often Set Up Incorrectly
Many oilfield companies face problems because:
1.
Coverage doesn’t align with actual field operations
2.
Liability limits fall short of contract requirements
3.
Pollution and environmental exposures are underinsured
4.
Mobile equipment and rigs aren’t properly scheduled
5.
Gaps exist between CGL, auto, and umbrella policies
At Elite Partners Insurance Group, we specialize in oilfield insurance solutions built to withstand audits, satisfy energy contracts, and perform when major claims occur.
ELITE PARTNERS INSURANCE GROUP
Stop overpaying for oilfield industry
Insurance
If you operate in the oil and gas industry—whether as an owner-operator, service company, or contractor—there’s a strong chance you’re paying for coverage that doesn’t match your risk or missing protection where it counts most. Elite Partners Insurance Group helps oilfield businesses secure smarter insurance solutions, with policies built for demanding operations and pricing that makes sense.
We shop the market, eliminate unnecessary coverage, and get your policy in place fast—so you can reduce costs, meet operator and contract requirements, and keep your crews working safely and efficiently.
Serving 47 U.S. states.
Not Available in Hawaii, Alaska, or Delaware
A Commercial Insurance Partner—Not Just Another Agent
Why Choose Elite Partners Insurance Group
Elite Partners Insurance Group specializes in insurance solutions built for the oilfield and energy industry. No generic policies—just coverage designed to handle high-risk operations, protect your crews and equipment, and keep your business compliant and cost-effective.
Fast, competitive insurance quotes with quick turnaround times
Plain-language explanations—no insurance jargon
Policies structured to meet operator requirements, MSAs, and energy-sector contracts
Strong relationships with factoring companies, finance companies, and fuel card providers
Real customer service before, during, and after the policy is written
OUR GUARANTEE
Every commercial insurance policy we sell is true to fit—no gaps, no wasted coverage, and no surprises when it matters most.