Upstream Energy Business Insurance

Upstream Energy Businesses Face Unique Risks

Upstream energy businesses, such as those involved in oil and gas extraction and production, face unique challenges and risks. Whether your business is engaged in geophysical engineering, oil field services, or equipment distribution, Baldon Insurance Group offers thoughtful insurance solutions designed to address your specific needs.

Our comprehensive coverage options, professional support services, and industry-leading claims service ensure that your business remains protected and resilient in the face of unexpected challenges.

Recommended Coverage for Upstream Energy Businesses

General Liability

Our general liability insurance helps protect upstream energy businesses from a wide range of risks, such as:

• Bodily injury and property damage claims
• Personal and advertising injury (libel, slander, defamation, and product disparagement)
• Contractual liability
• Manufacturer’s errors and omissions
• Product recall expense coverage
• Time element pollution extension endorsements
• Blanket additional insured coverage
• Primary non-contributory coverage when required by contract
• Per project/per location aggregate limits
• Failure to supply coverages for power and utilities exposures

Commercial Auto

Upstream energy businesses often rely heavily on commercial vehicles. Our commercial auto insurance provides essential coverage, such as:

• Hired auto physical damage coverage
• Liability coverage for employees using their own vehicles for company business
• Upset and overturn extension for cleanup expenses related to spilled product

Workers’ Compensation

Accidents and injuries can happen despite the best safety precautions. Our workers’ compensation insurance can offer:

• Broad form endorsements for unknown and unanticipated exposures
• Employers’ liability stopgap for monopolistic states
• Voluntary compensation coverage
• Optional increased limits for employer’s liability and foreign voluntary compensation
• United States Longshore and Harbor Workers’ Compensation Act (USL&H) coverage

Commercial Umbrella

In the event of a significant claim that exceeds primary liability coverage, our commercial umbrella insurance provides additional protection, acting as a vital safety net for your upstream energy business.

Additional Solutions for Upstream Energy Businesses

• Marine
• Multinational Coverage