A Look At The Benefits Of Control Of Well Insurance

Based in Pearland, TX, Barry Insurance Group offers solutions to people’s insurance needs. We offer our clients multiple insurance policies to help them plan for whatever the future may bring. We pride ourselves on providing our customers with a professional experience at all times.

Control Of Well Insurance

Texas is home to several different oil wells. Oil and gas companies depend on these oil wells to thrive. Control of well insurance is an asset because it protects business owners if there is a blowout. The policy covers the well during the restoring process.

Oil and gas company owners are aware that there are several risk factors associated with operating a well. Miners explore the deepest parts of underground land and the ocean while they search for resources to extract. Extracting the oil is a dangerous process. The well may be damaged as a result of an explosion. Control of well insurance protects companies against these risks. If a well has been damaged, it may take several months before everything is back to normal, and companies can start operating again.

Blowouts can cause extensive production shutdowns and possibly eliminate future production. In addition to blowout coverage, companies can amend their policies to assist any employees who are injured as a result of a major blowout. Liability coverage protects the company in the event of an equipment failure. Sometimes faulty equipment may cause the pipes to burst, which causes leakage. Liability coverage gives your company a layer of security while you extract oil from the well.

Barry Insurance Group Will Help You Protect Your Assets

We understand the unique challenges that you face as a business owner. We will sit down with you and help you find a custom policy to protect your company. Please stop by our office in Pearland, TX, today.

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