Oil fields, natural gas operations, and trucking lines are a vital part of the nation’s infrastructure, but they also require significant investments in materials and equipment, which are exposed to unique risks. A single accident in any of these industries can seriously damage vital machinery and cause millions of dollars in damage, potentially putting your company at risk. Fortunately, a comprehensive business and oil field insurance policy from Western States Insurance Group in Lovington, NM, will ensure you’re protected from potentially catastrophic losses.

Your Guide to Trucking, Natural Gas, & Oil Field Insurance

Property Insurance

In these industries, broken or damaged equipment can be extremely costly. In addition to the expense of parts and repairs, you’ll also have to absorb the revenue lost while your equipment remains idle. A customized insurance policy will pay for equipment damaged due to weather events, vandalism, or fire and will even pay for a replacement if your business property is destroyed or stolen.

Liability Coverage

Equipment malfunctions, oil spills, and trucking accidents expose companies in these industries to considerable liability. In these instances, your business can be held legally responsible for any damages you inadvertently cause, costs that could put you out of business. A customized business insurance policy from Western States Insurance Group will pay the value of these claims for you, as well as the legal costs of your defense.

Fleet Insurance

A complete natural gas or oil field insurance policy will also include coverage for your fleet of vehicles. In addition to liability coverage, your insurance should also include collision and comprehensive insurance to protect you against theft, storms, and other hazards.

As an independent insurance agency that specializes in serving the unique needs of these industries, Western States Insurance Group works with a broad range of some of the best carriers in the business, giving them an extensive selection of products to choose from. To learn more about their services and request a trucking or oil field insurance quote, visit their website now, or call (575) 396-1318.