Electric energy is now being used for transportation and heating. Nonetheless, it can’t equate to the efficiency of energy released from petroleum products sold by gas stations and other related businesses.
As more and more people think of starting their own fuel stations, The oil and gas sector is evolving constantly–and so is the exposure to risks. Oil and gas operators, oilfield contractors, and manufacturers of the parts and products used in the industry are exposed to unique risks at every level of the oil and energy process.
That’s why it’s critical to have oil and gas insurance coverage. With such an insurance policy, oil and gas businesses can protect their employees and assets and ensure they remain viable in the long term.
Insurance for oil and gas industry is an essential coverage for any player in the energy sector. The insurance policy protects oil and gas companies and oilfield contractors from the financial losses they might incur due to unexpected events, such as accidents, equipment failure, and natural disasters.
This type of insurance can cover the expenses related to repairs and replacement of damaged or vandalized equipment and third-party liability claims.
Offshore oil and gas explorations in deep-sea ecosystems are increasingly becoming major environmental concerns. We’ve heard of accidental oil and gas releases and spillages in marine environments.
If your company is held responsible for such activities, authorities can impose significant fines and penalties, which can lead to huge financial losses and dented reputation. With oilfield business insurance, you can protect your company from the potential environmental risks related to the production, transportation, and storage of oil and gas products.
Liabilities in the oil and energy industry vary widely, so it’s better to protect your drilling or fracking operations than to be sorry after the damage is done. Below are some industry niches and professionals that typically require oil and gas operator insurance:
Oil exploration and production companies
Well operators and oilfield contractors
Service providers like well-logging and testing companies
Manufacturers of oil drilling equipment
Pipeline operators
Companies involved in hauling and storing oil and gas products
Companies operating in the oil and gas sector typically require oilfield liability insurance as the basic coverage. This insurance policy is designed to protect against the financial implications resulting from lawsuits and claims. General liability, pollution liability, and professional liability are the common types of oil and gas liability insurance.
CoverWallet | NEXT (Best) | Hiscox | |
---|---|---|---|
Per occurrence limit | $1,000,000 | $300,000/$1,000,000 | $1,000,000/$2,000,000 |
Aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 |
Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $1,000,000 |
Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $1,000,000 |
Tenant’s legal liability coverage limit | $100,000 | $100,000 | $100,000 |
Waiver of subrogation included? | Yes | No | Can be included |
Hired/non-owned auto liability coverage included? | Yes | No | Can be included |
Equipment breakdown floater included? | No | Yes | Can be included |
Can you get a certificate of insurance online? | Yes | Yes | Yes |
Name additional insureds? | Yes | Yes | Yes |
Deductible | $0 | $0 | $0 |
The operations of an oil and gas contractor involves the construction of structures and the installation of materials. If this is done near residential sites, then it’s possible to face frivolous claims for bodily injuries, property damage, or even nuisance.
The general liability policy of an oil and gas contractor insurance program allows your business to cover costs. Use the table above to see which insurance companies offer the best oil and gas general liability insurance.
Oil and gas contractors as well as operators can use general liability insurance to cover claims for bodily injuries or property damage because:
The pipeline burst and damaged nearby houses
An independent contractor experienced a work-related accident during a drilling and fracking project
Injuries were sustained while touring the oilfield
Similar to the general liability policy of solar contractor insurance programs, the general liability policy of oifield contractor insurance programs have a $1 million-$2 million per occurrence and aggregate limit. Oilfield insurance programs offer higher amounts of coverage, and their general liability policy can have up to $25 per occurrence and aggregate limit.
Public liability insurance works the same way as general liability insurance. The only catch is that it might not have optional endorsements such as business equipment coverage, hired/non-owned auto liability coverage, and others.
CoverWallet (Best) | NEXT | Hiscox | |
---|---|---|---|
Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000 |
Aggregate limit | $2,000,000 | $2,000,000 | $1,000,000/$2,000,000 |
Name additional insureds? | Yes | Yes | Yes |
Waiver of subrogation included? | Yes | No | No |
Deductible | $500 | $500 | $500 |
Drilling and fracking projects are complex. A lot of attention had to be poured in designs and calculations. Small oversights can cause accidents that will result in costly delays and damages.
Clients can demand you provide reimbursement for the extra expenses they incurred after you’ve committed errors and lapses. Purchase professional liability insurance to protect yourself. Use the table above to see which insurance company offers this type of oilfield services insurance best.
A professional liability policy is the oilfield business insurance that contractors like you can leverage when:
A client files a claim for breach of contract
A client accuses you of negligently hiring subcontractors
A client files a claim for breach of confidentiality
A client files a claim after you lost or damaged the materials for a fracking and drilling project
A client files a claim because your work has a lot of costly delays
Insurance companies automatically include a defective work endorsement in their professional liability coverage for oil and gas contractors. Note that this will only cover the cost of lawsuits and reimbursement for the client’s losses. Coverage doesn’t apply to bodily injuries or property damage that result from oil well defects.
Oil and gas drilling, if done under poorly controlled conditions, is devastating to the environment, the public, and wildlife. Leaky pipes can spill oil into rivers, residential sites, forests, and farmlands. Oil well blowouts can release smoke, oil, and debris.
Pollution liability insurance, which you can also find in other energy business insurance bundles such as renewable energy insurance, will protect you when third parties as well as government authorities file a claim. This will cover the expenses for:
Environmental restitution
Legal defense
Debris removal
Professional services for environmental specialists
Public relations
Medical treatment of injured third parties
Reimbursement for damaged properties
Get all the best quotes from leading providers in a click of a button!
CoverWallet | NEXT (Best) | Hiscox | |
---|---|---|---|
Building coverage limit (minimum) | $50,000 | $300,000 | $25,000 |
Contents coverage limit (minimum) | $50,000 | $25,000 | $15,000 |
Outdoor signs | Excluded | $2,500 | Included |
Accounts receivable | Excluded | Excluded | Included |
Money and securities | Excluded | $2,500 | Included |
Lock and keys | Excluded | $2,500 | Included |
Business interruption floater | Excluded | Included | Included |
Equipment breakdown floater | Excluded | Included | Included |
Inland marine insurance floater | Excluded | Excluded | Excluded |
Employee dishonesty floater | Excluded | $5,000 | Excluded |
Commercial property insurance, also included in gas engineer and gas fitter insurance programs, protects your office, warehouse, or any other owned, leased, or rented physical location against fire, theft, vandalism, weather, and other covered perils.
This grants help by reimbursing the actual cash value or replacement cost of the covered property. Use the table above to see which insurance company offers the best commercial property insurance for oil and gas contractors.
Yes. But only if it gets damaged or destroyed due to fire, weather, vandalism, and other covered perils while it’s in the premises of your warehouse.
CoverWallet | NEXT (Best) | Hiscox | |
---|---|---|---|
General liability aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 |
Commercial property coverage limit | $50,000 | $300,000 | $25,000 |
Optional policies can be added? | Yes | Yes | Yes |
Name additional insureds for free? | Yes | Yes | Yes |
BOP discount? | Yes | Yes | Yes |
A business owner’s policy bundles general liability and commercial property insurance into one product. That said, you can use this to cover liability claims and commercial property damage losses. Use the table above to see which insurance company offers the best business owner’s policy for oil and gas contractors.
Well blowouts, though rare, can happen during a drilling and fracking operation. This is why it’s a good idea to invest in well control insurance.
A well control insurance policy is an inclusion that’s exclusive to oil and gas well insurance programs.
If a well-blowout happens, this will allow you to reimburse the value of the client’s well. You can also use this to cover the extra expenses for labor, materials, and equipment needed for re-drilling and restoring the well. Last but not the least, this will also cover your liability for environmental pollution that resulted from the well blowout.
Oil well drilling is hazardous and it’s common for work-related accidents to happen because of blowouts, structural failures, storms, and hurricanes. In line with this, you, as the contractor, must provide adequate compensation to part-time and full-time employees who sustained a work-related injury or disease.
Workers compensation insurance allows you to cover medical treatments, medication, hospitalization, and rehabilitation on an employee’s behalf. The policy also covers lost wages. And if the employee dies, workers compensation insurance will provide the legally mandated death benefits.
Tools and equipment insurance will cover repair or replacement expenses if your drilling rig and other equipment gets damaged or lost due to fire, theft, vandalism, electrical breakdown, and other covered perils. Coverage applies regardless of where the damage or loss happened.
Tools and equipment insurance for gas and oil contractors is a stand-alone policy that can be modified with endorsements that grant coverage for employee safety equipment and personal effects, pollution caused by equipment breakdown, and lease payments for hired drilling rigs.
Trucking is the heartbeat of the energy industry, ensuring oil and gas products reach the designated distributors and retailers on time. These trucking companies haul everything, from pipes, fracking sand, chemicals, and produced water to drilling fluids, drilling equipment, crude oil, and rigs of all sizes.
Oilfield trucking insurance is a specialized type of insurance policy designed to protect oilfield hauling companies and their drivers from the unique risks associated with the transportation of oil and gas products. These are the most common inclusions:
Auto liability coverage–Any business, including oilfield trucking, requires auto liability coverage as the basic form of insurance. This policy covers third-party claims of property damage and bodily injury caused by a crash involving a company’s truck
Physical damage coverage–This offers protection against any damage to the company’s trucks and trailers due to accidents, theft, vandalism, and other covered events
Cargo insurance–This coverage insures the freight being hauled. It covers losses or damages to in-transit oil and gas products
Bobtail insurance–Bobtail insurance provides coverage for accidents that occur when a truck is being driven to get a trailer placed in a different location
Non-trucking liability insurance–This type of insurance offers protection for accidents that occur while the truck is not under commercial use. For example, when a driver is using the truck to visit a local handy goods store, or computer shop.
You’re eligible. However, the coverage that you’ll get might be too much. Consider going for an oil and gas consultant insurance program. Policies that are usually included in oilfield consultant insurance are general liability, professional liability, commercial property, and business owner’s policy.
Cost per Month | Cost per Year | Deductible | |
---|---|---|---|
General liability insurance | $91 | $1,092 | $0-$500 |
Professional liability insurance | $100 | $1,200 | $0-$500 |
Commercial property insurance | $95 | $1,140 | $1,000-$2,500 |
Business owner’s policy | $180 | $2,160 | $500-$1,000 |
Workers compensation insurance | $250 | $3,000 | $2,000-$5,000 |
Pollution liability insurance | $260 | $3,120 | $500-$1,000 |
Control of well insurance | $160 | $1,920 | $1,000-$2,000 |
Commercial auto insurance | $115 | $1,380 | $500-$1,000 |
Non-trucking liability insurance | $105 | $1,260 | $1,000 |
Bobtail insurance | $107 | $1,284 | $1,000 |
Cargo insurance | Depends on the value of cargo | Depends on the value of cargo | $1,000-$3,000 |
The average oil and gas insurance cost is $91 per month or $1,092 per year for a $1 million general liability coverage. The cost of oil and gas contractor insurance depends on several factors, such as:
Annual revenue
Experience and expertise of the people involved in the work
Whether or not you have risk management strategies in place
Location
Type of insurance needed
Amount of insurance required
Deductibles
Claims history
Take a look at this table that shows the cost of a $1 million general liability policy from the recommended insurance companies:
Cost per Month | Cost per Year | Best for | |
---|---|---|---|
NEXT | $67 | $804 | Best overall; Fastest general liability insurance for oil and gas contractors |
CoverWallet | $70 | $840 | Comparing insurance quotes for oil and gas contractors online |
Tivly | $72 | $864 | Comparing insurance quotes for oil and gas contractors over the phone |
Hiscox | $75 | $900 | Insurance for oil and gas contractors with worldwide coverage |
Chubb | $80 | $960 | Businesses looking for specialized insurance packages |
Travelers | $84 | $1,008 | Risk management resources |
Liberty Mutual | $87 | $1,044 | Businesses wanting to work with local risk control and claims experts |
It’s easy to find the cheapest general liability and cheapest public liability insurance for gas engineers that can protect your oil company. To do that, shop around and compare insurance quotes from various providers by clicking the “Get Quotes’ button on this page.
Some insurance carriers offer discounts and special rates for certain types of gas companies or those with a good claims history. Furthermore, trade organizations, such as the Independent Petroleum Association of America (IPAA), enter into agreements with insurers to provide discounted rates to their members.
Get all the best quotes from leading providers in a click of a button!
Running an oil and gas operation has its risks, and the financial losses can accrue pretty quickly if the unexpected occurs.
That said, you need to find an insurance provider that can guarantee peace of mind in case of adversity.
Here are the top oil and gas insurance companies. Read to know their pros, cons, and cost of a $1 million general liability insurance.
Best overall
Issues an online proof of insurance instantly
Fastest general liability insurance for oil and gas contractors
Great customer service and reputation
Excellent rates
Outstanding value for money
Get a 10% discount if you buy two or more policies
Couldn’t find any
NEXT doesn’t underwrite an oil and gas insurance bundle for drilling and fracking contractors. However, you might get covered through this company’s insurance package for “all other building equipment contractors” that offers the following:
$1 million-$2 million general liability insurance
$1 million-$2 million professional liability insurance
Workers compensation insurance
Commercial property insurance
Business owner’s policy
The reason why NEXT is on the first list of this review of the best oil and gas insurance companies is because it issues an online certificate insurance that you can send to clients as an email or social media post. It also offers a 10% policy bundle discount.
Best for: Best overall; Fastest general liability insurance for oil and gas contractors
Average cost: $67 per month
Our rating: 10/10
Compare quotes online
Stable rates
Helps you find the best companies in an instant
Allows you to cancel your coverage anytime
Easy online policy management
Not an insurance company but an insurance broker
Similar to NEXT, CoverWallet doesn’t have an oil and gas insurance bundle. After all, it’s not an insurance company but is one of those oil and gas insurance brokers that can help you look for the best carriers to work with. To get a quote, you need to use CoverWallet’s online quotes comparison platform to curate the quotations from insurance companies such as Chubb, Liberty Mutual, and others.
Best for: Comparing insurance quotes for oil and gas contractors online
Average cost: $70 per month
Our rating: 10/10
Responsive customer service
Compare quotes over the phone
A partner of NEXT and other reputable insurance companies
Creates a tailored package that suits your unique needs
Doesn’t issue instant online quotes
Tivly (formerly CommercialInsurance.NET) covers oil and gas contractors through its contractor insurance package that’s made up of general liability, commercial property, workers compensation insurance and more. You need to call a representative to compare quotes over the phone and get covered.
Best for: Comparing insurance quotes for oil and gas contractors over the phone
Average cost: $72 per month
Our rating: 9/10
Automatic policy renewal
Coverage applies even if you’re working abroad
Get a quote online or with the help of an agent
Fast to process claims
Doesn’t sell a stand-alone commercial property insurance
If you work with Hiscox, then you will get covered through its geological engineering insurance package that offers a general liability policy, professional liability policy, and business owner’s policy. You can get a quote online or talk with an agent.
Best for: Insurance for oil and gas contractors with worldwide coverage
Average cost: $75 per month
Our rating: 10/10
Provides a wide range of coverage options
Excellent customer service
24/7 claims reporting
A++ (Superior) AM Best financial stability rating
Certificate of insurance may not be offered immediately
Phone support is available only if a customer purchases insurance directly from Chubb
Not a BBB-accredited company
Chubb is one of the globally renowned oil & gas insurance companies, providing specialized insurance package policies, pollution liability, and umbrella liability to businesses operating in the energy sector.
Whether you’re a drilling contractor, oil and gas lease operator, or a natural gas pipeline company, you’ll find the insurance coverage that meets your liability needs. Chubb provides general liability coverage, commercial auto, workers’ compensation, occupational accident insurance, equipment breakdown, errors & omissions (E&O) liability, crime/financial fidelity, property coverage, etc.
Additionally, Chubb offers 24/7 claims reporting, and with its A++ financial strength rating from AM Best (one of the industry’s rating agencies), you can rest assured that the company will pay your claims. Besides, the insurance carrier only partners with skilled oil and gas insurance brokers who understand the industry and can answer any queries you have about pollution and other liability.
However, there are some drawbacks. For example, insurance certificates aren’t provided immediately, because you’ll be purchasing from an insurance agent. Moreover, customers can only get phone support if they purchased coverage directly from Chubb and not from an insurance broker.
Best for: Businesses looking for specialized insurance packages
Average cost: $80 per month
Our rating: 8/10
Anyone included in a workers’ compensation, including employers and employees, can access an online portal to track their claims
Extensive library of risk management resources
Available in all 50 states, including Puerto Rico and Washington D.C.
Online quoting isn’t available
Travelers has been in the insurance business since 1853. Over the years, the company has developed specialized expertise and products that help petroleum companies and oilfield contractors protect their businesses, employees, and assets.
Travelers is one of the oilfield insurance companies that offer a wide range of oil and gas products, including general liability, rigs and equipment coverage, commercial property, contractors’ equipment, oil and gas lease property, umbrella liability, and workers’ compensation. The company has an online portal where anyone involved in the workers’ compensation policy – the employer or employee–can track their claim.
Travelers offers oil and gas contractor insurance in 50 states, including Puerto Rico and Washington D.C. The only downside is that the company doesn’t provide online quotes, which means customers must directly speak to an insurance agent to get the rate and other policy details.
Best for: Risk management resources
Average cost: $84 per month
Our rating: 8/10
Global market presence
A rating from AM Best
Successful track record of protecting oil and gas businesses
Wide range of policies to cover the needs of most petroleum companies
Industry-specific coverage options for oil and gas companies
Online quotes aren’t available
Website lacks in-depth information on commercial insurance policies
Liberty Mutual was founded in 1912, which means it understands the complexities and details of the energy industry, particularly the oil and gas sector. The Boston, MA-based insurance provider provides tailored coverage options to protect your business, whether you operate a compressor station, gas storage, LPG and LNG facilities, or a gas processing plant.
With Liberty Mutual, you can get a wide range of oilfield services insurance policies, including property coverage, equipment breakdown, business interruption, commercial surety, commercial auto, contractors’ professional liability, Course of Construction, etc.
Liberty also has local risk control and claims experts who have local authority and are seasoned in defending oil and gas claims. Before purchasing insurance, the company sends its risk control specialists to review your specific oil exploration activities to help you devise the most effective risk management strategy and advise on the best policies that suit your business.
Oilfield contractors and operators can purchase insurance policies with up to $150 million in coverage. Combined with its A rating for financial strength from AM Best, customers can rest assured knowing that they are dealing with a company capable of paying their claims. One of the disadvantages of purchasing Liberty’s oilfield consultant insurance is that the company doesn’t provide online quotes.
Best for: Businesses wanting to work with local risk control and claims experts
Average cost: $87 per month
Our rating: 8/10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
Decent experience with Hiscox business insurance
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
Best insurance ever
Coolest concept, I wish this was applied to other insurance products too.
Fastest ever online insurance quote and purchase! Also, great rates and professional customer reps that helps with whatever you need, if you need. Nice company!
Embroker sells a product that it doesn't honor. We purchased a combination D&O and EPLI policy. However, when it came to renewal, it told us that we only had D&O coverage even through our ACCORD certificate clearly mentions we have both. Basically they refused to honor the EPLI coverage and will leave you hanging with the bag. At time of renewal, they more than doubled our quote to get similar coverage. Basically BAIT & SWITCH. Unacceptable tactics. Easy to buy and pay but you may not be... Read More
Great platform. Terrible policy. There is no teeth behind it. No coverage. It's a fake policy that they sell. Sold us an EPLI policy that later we came to find out had no EPLI coverage. Amazing that they can get away with outright fraud. Check the positive reviews. They are all 'Anonymous' posted by Emroker staff. Stay away and find a real policy that will actually provide you coverage. We've been bitten by them and hope to find restitution via a lawsuit.
Paul Burns Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
It has been 70 days since I made a claim on the roof of my building. No one from the company will return calls. We are in hurricane season and located in Louisiana. My building is tarped to secure it.
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
They are the worst, my truck was hit in January 23 and the claim adjuster has not been out to this very day! They have every excuse in the book as to why. They have not been to the collision shop. PLEASE AVOID THESE SCAM ARTIST!
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
Avoid these SCAM ARTISTS! They don’t pay claims!!! Save yourself the trouble and money!
Kasey Arey Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
This company gives you a price that was in place for a year and when you have to use it there is fine print were they can go back and charge you more. Would not recommend them to any one. Crooks
John Murphy Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
Worst insurance comapny I have ever dealt with. A commercial vehicle represented by GUARD t boned my wife and daughters family vehicle in the middle of the day. Driver was cited and insurance claim insued. Fast forward 4 months and refusal of full amount of claim is still happening. Driver was found guilty, repairs started on my vehicle and when it comes to the final bill and diminished value we cannot get any help. I am out a family car, have an injured and traumatized wife and children,... Read More
Harshadray Patel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
Extremely bad service, when you call , will make you wait on the phone for ever (over an Hour) and still no one to answer , so you end up hanging up. To cancel the policy, bounce you from one department to the other. They are supposed to refund from the date other insurance started and after sending the proof of other insurance policy, still they did not refund based on that actual date instead they use the date i managed to get hold of them. They charged me $7000.00 for a year's insurance on... Read More
Aaron Wensel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
Guard Insurance is terrible. They were so bad I cancelled them because them couldn't figure out why I would never get a paper copy of the bill . Verified my address with them and still intermittent billing. I cancelled them in March through my local broker. Today 6/27 I get a letter in the mail from a collections company saying I owe 87.97. This was the first myself or my broker heard of owing this money. Here is some advice for this failure of a company send me a god damn bill and I will pay.... Read More
Michael Swink Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
My employer had to have workers compensation by law. He obtained a policy through this Berkshire Hathaway GUARD and they failed me. I fell from a ladder and fractured my spine in 7 different places, my clavicle in 4 places, and the base of my skull. Going to my Dr visits I was prescribed medication for pain and the insurance company placed a pre-authorization hold on me picking up the medication from Walgreens. The hold lasted 5 days! My weekly benefits have never been on time, right now... Read More
Liberty Mutual is one of the more simple companies to deal with. I had to file a claim for my business owner policy after I caught one of my employees stealing a large amount of products from my business. Liberty mutual paid the claim fast and with no efforts. I wish the legal process was as easy…
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
Decent experience with Hiscox business insurance
Very pleased with Hiscox - their small business insurance rates are very good and they specialize in small business which gives me a peace of mind as a small business owner. So far so good!
Their customer service is absolutely fantastic. Very patient, knowledgable and provided excellent explanation of the purchased policy. I would highly recommend this insurance company to anyone that's looking to protect their business from unexpected expense. Thank you Hiscox for doing a great job for my business!
STAY AWAY! I wouldn't recommend hiscox small business liability insurance to anyone. Better not waste both your money and your time. Hiscox customer service is extremely unpleasant, not organized and not professional. It is the worst company we have dealt with in almost 25 years in business!
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
Extremely fast and simple. Wasted a lot of time and money until I found these guys! I feel like my business is in good hands now.
Hiscox's the best! My business is insured with them for over 12 years and am not planning to switch!
Excellent experience with Hiscox BOP for my coffee shop. They provided all it needed.
My HI barbershop is well covered with their great BOP product for 5 years already! not planning to switch!
Best insurance ever
Coolest concept, I wish this was applied to other insurance products too.
Great experience
Didn't relate to the concept much, but it makes sense if you need insurance to go
It doesn't really feel sustainable to me and doesn't offer business interruption, product liability and commercial property insurance. They have no local agents and despite their technology first approach you cannot file claims online. Additionally, product manufacturers are not covered by Thimble and they don't provide enterprise solutions.
As a contractor that works 3 times a week for a few hours, Thimble gets really handy for me and saves me money. I have no use for these massive business insurance coverages offered by traditional insurance companies.
Excellent concept which is useful to many small businesses!
Been waiting for this type of solution for a long time!
Love their business insurance solutions for freelancers! Great app!