FAQs About Oil & Gas Claims
Below are some frequently asked questions about Oil & Gas Claims:
What Kinds Of Insurance Coverage Do Oil And Gas Companies Need In Texas?
Oil and gas companies need several types of operational and business coverage to insure themselves against workers’ compensation claims, environmental damage claims, property damage liability, and more. An oil or gas company needs four basic types of insurance policies:
- General Liability. This is your basic catch-all insurance liability policy for property damage or personal injury.
- Products/Completed Operations Liability. Usually part of your general liability coverage, this part of your policy covers manufactured equipment or products used in drilling, refining, or transporting oil or gas.
- Workers’ Compensation. You need employees to work your operations, and your employees need coverage in case of injury on the job.
- Pollution Liability. Leaks, byproduct spills, and fires can all pollute the area around your site. Protect your company from bankruptcy with pollution liability coverage.
Can A Houston Oil And Gas Attorney Help Me File And Manage A Claim?
Yes, an oil and gas claims attorney with our firm can help you determine which insurance policy best suits the damage or injury and how to file a claim with your insurer. One of our attorneys can also review your current policies and look for gaps in coverage to recommend additional insurance coverage for better protection against claims and lawsuits.
Our oil and gas attorneys can help you manage your claim and submit the appropriate evidence to the insurance company. After filing the claim, we can also represent you with the insurance adjusters to help you focus on resuming operations.
Can Your Firm's Oil And Gas Attorney Help Me Understand My Insurance Policies?
Yes, an attorney with our firm can review your insurance policies to inform you about your coverage, policy limits, and when you can file a claim. We can also look for gaps in coverage and recommend additional policies to protect your interests.
How Do Oil And Gas Attorneys Help Companies With Environmental Claims?
Spills, leaks, water contamination, and seismic damage due to oil drilling and fracking for gas can bankrupt an oil or gas company after paying for clean-up, personal injury and property damage lawsuits, and EPA fines. An oil and gas claims attorney with McLaurin Law can review your pollution liability policies to determine your policy limits and help you qualify for a claim. Call us at (713) 461-6500 when you need more than luck!
