|Wind & Windstorm Insurance Coverage|
You can provide the best training; the most advanced safety measures; and the biggest technological monitoring systems on the planet; but when the planet has ideas of its own, you need protection. A close investigation of your hull, rig, and platform insurance coverage may yield bad news. The simple fact is that windstorm damage is not automatically included in your standard oil and gas coverage policy.
When the storm clouds roll in you immediately begin losing money. Crew evacuations, production shutdowns, property stabilization, and more begin costing your company days before the first gust is ever felt. The aftermath can run into the billions for even the most prepared energy firms.