Oil and Gas Contractors' Equipment Insurance

Contractors' equipment presents a diversity of exposures in a wide variety of environments including onshore, offshore, in cities, in forests or mountains. To help keep these assets protected, Travelers Oil & Gas offers contractors' equipment coverage is designed to cover assets in virtually any location.

What is included under contractors' equipment insurance?

Below are differing types of contractors’ equipment coverages Travelers offers to help protect our customers’ assets. 

Typical standard coverage 

  • 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 

Coverage extensions

  • Business personal property in job trailers 

  • Document and data restoration costs 

  • Hauling the property of others 

  • Newly acquired equipment – per item 

  • Rental costs 

  • Upgrades to covered property 

Additional coverages

  • Continuing rental payments 

  • Debris removal increased limit 

  • Employee tools, equipment and clothing 

  • Pollutant clean up and removal 

  • Preservation of property expense 

Additional options available

  • EnergyPro®oil and gas motor vehicle changes 

  • EnergyProoil and gas pipeline inspection gauge additional coverage 

  • Limited downhole coverage 

Who is oil and gas contractors' equipment insurance right for?

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Related services

We understand that each oil and gas company has unique risks and exposures. We have knowledgeable Risk Control professionals, who are dedicated to the oil and gas industry and can work with customers to help them manage these risks.

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.

Business person smiling and carrying a red folder.

Find an insurance agent

Get coverage for your unique professional risks.