Oil and gas insurance is a specialized form of business insurance that provides coverage for the unique risks and liabilities faced by businesses in the industry. The coverages required may vary depending on the size and type of business, but typically include the following:

1. General Liability Insurance: This coverage protects against claims of bodily injury or property damage caused to customers or other third parties.

2. Pollution liability Insurance: This coverage protects the costs associated with cleaning up pollution incidents caused by the insured’s business operations. This includes the cost of cleaning up pollution on the insured property or elsewhere, as well as liability for bodily injury or property damage caused by the pollution incident.

3.Professional Liability Insurance: This coverage, also known as errors and omissions insurance, provides protection against claims of negligence or mistakes made by the business in providing professional services to clients.

4. Commercial Property Insurance: This coverage protects against damage or loss to the physical property of the business, including the building, equipment, and inventory.

5. Business Intrruption Insurance: This coverage provides financial protection if the business is unable to operate due to an event covered by the policy, such as a fire or natural disaster.

6. Commercial auto Insurance: This coverage protects overs liability for bodily injury or property damage caused by the insured vehicle, as well as physical damage to the vehicle itself. This coverage can help protect the business from potential liability and financial losses resulting from accidents involving company vehicles.

In Texas, insurance providers offer a variety of options for business insurance, with tailored coverage options designed to meet the unique needs of these businesses. It is important for business owners in this industry to work with a reputable insurance provider to determine the specific coverages that are needed for their business based on their unique circumstances and requirements.