Comprehensive Insurance Solutions for Oilfield Equipment Manufacturers and Rental Companies
Sloan Mason Insurance Services, Inc. offers a targeted program for companies that manufacture, sell, lease, or rent oilfield equipment. Placed through an experienced, A-rated carrier, the program is built to address the liability, property and operational exposures common to upstream and midstream equipment fabricators and rental fleets across the United States.
Ideal Accounts and Target Classes
This program fits firms whose primary operations include fabrication, assembly, sales or rental of oilfield equipment. Typical eligible classes include businesses that handle:
- Oilfield valves, pipe and fittings
- Tanks, skids, separators and modular process units
- Compressors, couplings and drive systems
- Blowout preventers, tongs, pumps and related downhole tools
- Rigs, platforms, drilling and extraction support equipment
- Other oilfield-specific mechanical or fabricated equipment used in upstream and midstream operations
If your client provides fabrication or equipment support to upstream or midstream operators — whether they build replacement components or maintain a rental fleet — this program provides a market-aware solution for those exposures.
Coverage Highlights
The program offers core commercial coverages agents commonly need when placing oilfield equipment risks:
- General Liability — operations and products/completed operations limits suitable for equipment manufacturers and rental operations
- Workers Compensation — designed for shop, field service, rig-site work and delivery exposures
- Business Auto — physical damage and liability for transport and service vehicles
- Umbrella Liability — excess protection to enhance primary limits
Policies are placed with an A-rated admitted carrier, giving you the combination of underwriting expertise and regulatory compliance in the states where the carrier operates.
Underwriting Requirements and Minimum Premiums
To secure a full underwriting review, submit detailed information so Sloan Mason's underwriters can evaluate operations and loss history. Typical submission requirements include:
- Five years of payroll history
- Five years of currently valued, carrier-issued loss runs (valuation within 90 days of the proposed effective date)
- Completed ACORD applications and a Pollution Supplemental
Minimum premium thresholds:
- $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 checklists and forms.
Territories and Availability
Sloan Mason provides national reach and underwriting familiarity with oil and gas regions. The program is available in most U.S. states, with particular capacity in established producing areas such as Texas, Oklahoma, Louisiana, Colorado, North Dakota and Wyoming. For specific state availability and admitted/non-admitted placement options, contact Sloan Mason’s underwriting team.
Why Partner With Sloan Mason Insurance
As a managing general agency with deep experience in energy-sector risks, Sloan Mason combines niche underwriting, flexible program design and access to top-rated capacity. Agents benefit from:
- Underwriting that understands shop, field and rental-fleet exposures
- Structured placement options for complex accounts involving products liability, equipment rental and contractor operations
- Clear submission requirements and an emphasis on loss history review to deliver competitive terms
Example fits: you might have a client who fabricates pressure vessels and supplies skids to drilling contractors, or a regional rental firm that maintains a fleet of pumps and compressors for well-site service — both are types of accounts this program routinely evaluates.
Whether the account is manufacturing blowout preventers in Texas or renting pumps in North Dakota, Sloan Mason can help you place tailored coverage with confidence.
Need help placing an account? Connect with a market specialist.