Comprehensive Insurance Solutions for Oilfield Equipment Manufacturers and Rental Companies
Sloan Mason Insurance Services, Inc. offers a specialized insurance program designed for oilfield manufacturing and equipment sales and rental companies. Backed by an admitted 'A'-rated carrier, this program provides comprehensive coverage options tailored to businesses involved in the fabrication, sales, and leasing of oilfield equipment across the United States.
Ideal Accounts and Target Classes
This program is designed for companies engaged in the manufacturing, fabrication, rental, or sales of oilfield equipment. Eligible operations include those handling:
- Oilfield valves and pipe
- Tanks, skids, and separators
- Compressors and couplings
- Blowout preventers, tongs, and pumps
- Rigs, platforms, and other drilling or extraction equipment
- Any other type of oilfield-related equipment
If you have clients involved in upstream or midstream oil and gas support through equipment fabrication or rental, this program offers a strong solution to manage their unique liability and operational risks.
Coverage Highlights
The program includes access to essential commercial coverages, including:
- General Liability
- Workers Compensation
- Business Auto
- Umbrella Liability
All policies are placed through an admitted carrier with an 'A' rating, ensuring financial strength and regulatory compliance in applicable jurisdictions.
Underwriting Requirements and Minimum Premiums
To receive a full underwriting review and the most competitive quote, agents should submit the following:
- 5-year payroll history
- 5 years of currently valued, carrier-issued loss runs (valuation within 90 days of proposed effective date)
- Completed ACORD applications and Pollution Supplemental
Minimum premium thresholds include:
- $15,000 for General Liability
- $10,000 for Business Auto
- $7,500 for Umbrella
- $15,000 for Workers Compensation
Download the full Oilfield Manufacturing and Equipment Sales and Rental Companies Data Sheet for submission details.
Territories and Availability
This program is available in most U.S. states, including but not limited to TX, OK, LA, CO, ND, WY, and other oil and gas producing regions. Sloan Mason provides national reach with underwriting expertise for local risks.
Why Partner With Sloan Mason Insurance
As a managing general agency with deep experience in oilfield-related risks, Sloan Mason Insurance Services, Inc. understands the complex exposures faced by equipment manufacturers and rental operations. With flexible underwriting, access to top-rated carriers, and a well-defined appetite, they are an ideal partner for agents seeking reliable markets for energy sector accounts.
Whether your client manufactures blowout preventers in Texas or rents pumps in North Dakota, Sloan Mason can help you deliver tailored coverage with confidence.