Oil & Gas in Alaska
Alaska's oil and gas sector supports tens of thousands of jobs across the state, and most of that work is done by the contractors and service providers who keep operations running: consultants, rig crews, trucking and transportation companies, construction firms, and food service providers on remote sites. Business Insurance Associates builds insurance programs for the businesses that support Alaska's oil and gas industry, wherever they sit in that supply chain.
Coverage for Oilfield Contractors and Support Services
Working on or around an oil and gas site brings risk that a standard policy is not built to absorb. Depending on your role in the industry, your policy may include:
- General liability insurance for on-site injuries and property damage
- Pollution and environmental liability for spills and contamination claims
- Workers' compensation for crews working remote or hazardous sites
- Commercial auto coverage for equipment and personnel transport
- Umbrella and excess liability given the scale of oilfield exposures
- Inland marine coverage for tools, rigs, and specialized equipment
Contractors who also own equipment yards or offices should review our commercial property insurance options as well.
Understanding Contract and Indemnity Requirements
Operators frequently pass liability down to their contractors through holding harmless and indemnity provisions in master service agreements. Before you sign one, it is worth confirming your policy limits and coverage forms support what you are agreeing to. We review these requirements with clients, so a contract obligation does not turn into a coverage gap.
Talk to a Local Oil and Gas Insurance Specialist
As one of the few independently owned commercial insurance agencies in Alaska, we compare coverage across multiple carriers to protect your crew, your equipment, and your contracts. We do not offer online quoting, so contact us to speak with a licensed Alaska agent about your oil and gas coverage.
