Throughout the oil and gas industry, there are risks. Unfortunately, throughout Pearland, TX, risks are rising, whether it’s an oil spill, groundwater contamination, or something else. Drilling operations are critical, and you need to ensure your well coverage can keep up. At Barry Insurance Group, we’re here to ensure your policy provides the protection you can depend on.
Understanding Risks within the Oil and Gas Industry
Your health coverage must keep up with the various risks. If it fails to do so, you could experience significant financial loss.
As such, reviewing some risks you may face in Pearland, TX, and throughout the industry is essential.
- Blowouts and well-control failures
- Environmental liabilities, including groundwater contamination and air pollution
- Property damage because of mechanical failures, fire, and other issues
- Third-party liability claims from accidents and injuries
- Production interruptions
The right policy can make all the difference whether you experience a lawsuit, a costly cleanup effort, or downtime due to equipment repairs.
Choosing the Right Well Coverage
While you may be able to choose coverage blindly for basic insurance, coverage isn’t "basic." It requires you to explore everything from the scope of coverage to the policy limits and deductibles.
Examining a policy’s exclusions and endorsements is important, so it’s important to work closely with an experienced insurance agent.
Explore the Necessary Coverage Today
If it has been a while since you’ve updated your well coverage, it might be time to review the policy. By talking with one of our agents at Barry Insurance Group, you can be sure you are covered against all of the necessary risks. We can ensure you have the proper coverage limits, your policy meets regulatory compliance, and more. Contact us today to get started.