Programs

Oil and Gas

NAICO has tailored a program of coverages and services that are specific to oil and gas operators, producers, service companies and other related oil and gas operations, primarily service contractors in the field.  Oil and gas operations have unique and complex insurance needs. NAICO has created insurance products and services to address and satisfy most of the needs for this industry. 

NAICO is a target market company by design. With our extensive knowledge of your industry we can bring you unmatched value. The oil and gas industry has many complicated facets and with multiple years of providing oil and gas insurance programs, we have developed the expertise to serve you extremely well.  

Preferred Classes of Business
Oil & gas lease operators                                                
Well servicing contractors  
Drilling contractors                                                         
Roustabout services  
Logging/perforating contractors                                       
Dirt contractors  
Contract pumpers

NAICO is looking to insure the above classes of business and others. In addition to our insurance products, NAICO offers aggressive claims management and proactive loss control services specifically adapted to the oil and gas industry.

Coverages offered

Workers Compensation
Managed care options   (as allowed by statutes)  
Aggressive fraud investigations  
Retrospective rating and large deductible plans available.
$100,000 minimum premium for contractors with over-the-hole exposures

General Liability
Retrospective rating and large deductible plans available
Minimum premium for contractors with over-the-hole exposures

Auto Liability & Auto Physical Damage
Retrospective rating and large deductible plans available

Umbrella
High limits available

Property
Additional coverage extensions available

Inland Marine

Crime

Optional coverages available

Owner's goods cargo coverage
Motor truck cargo  
Pollution coverage – including saline contamination
Non operating working interest
Underground resources and equipment
Blowout
Cratering
Waiver of subrogation/additional insured

If you are a business you can locate an agent on our agent locator and let us show you what we can do for you. If you are an independent agent interested in a contract, contact our marketing department under the contact us section.