What is Drilling Contractors’ General Liability?

Drilling contractors’ general liability insurance is critical for protection against claims resulting from accidents or damage that may occur at the job site or on their premises.

Why do I need it?

Business Protection – Drillers’ liability insurance protects business owners from legal claims that could emerge due to the following factors:

• Liability from Incidents
• Liability Assumed Under a Contract
• Liability from Products
• Liability from Employees

Company Compliance – Drilling contractors are typically required to furnish general liability insurance certificates to state agencies and project owners prior to commencing operations.

Marketing Benefits – Business owners can establish their accountability for their operations and products to potential clients and gain a competitive advantage in the bidding process by exhibiting proof of drillers’ business liability insurance.

Property Landlords – To secure a lease, drilling contractors often must furnish commercial management companies with evidence of sufficient general liability coverage, which business owners typically require.

What does it Cover?

Drillers’ general liability insurance shields against unexpected expenses arising from typical occurrences such as:

Bodily Injury – Claims of bodily injury by someone other than the policyholder (third party).
Property Damage – Claims of property damage by someone other than the policyholder (third party).
Products-Completed Operations – Claims associated with products or services offered outside the policyholder’s premises.
Personal-Advertising Injury – Claims concerning harm caused to a third party’s reputation or rights.
Medical Payments – Claims arising from bodily injury to a third party caused by the policyholder’s operations or premises.

What is a Certificate of Insurance?

A certificate of insurance (COI) serves as evidence of a driller’s general liability policy, coverage, and limits.

What is an Additional Insured?

In business liability insurance for drillers, an additional insured (AI) is a common endorsement that pertains to a person or organization receiving coverage under a CGL policy besides the policyholder.

How much is it?

A general liability quote for a drilling business depends on multiple factors, such as the nature of work performed, claims history, coverage location, and previous or current policies.

Our team of experts will search among leading insurance providers to assist you in obtaining the appropriate coverage for your business requirements while remaining within your budget.

What are my Payment Options?

Several payment options are available when buying a driller commercial liability policy.

Full Payment Option – Pay the premium with one payment.
Direct Bill Option – Pay the monthly premium to the carrier directly.
Financing Option – Pay the monthly premium through a finance company.

How Do We Distinguish Ourselves from Other Brokers?

Our licensed professionals have significant experience in customizing general liability policies to meet the specific needs of each drilling business.

Whether you require inexpensive coverage or personalized protection, we possess the knowledge to offer comprehensive and effective insurance solutions that align with your budget.