Energy - Control of Well

Energy – Oil Lease Property

Oil Lease Property (OLP) coverage from Kinsale’s Energy Division delivers specialized property and equipment protection for small-to-midsize operators and contractors across a wide range of Energy-specific sectors.

OLP can provide standalone primary coverage or be complemented with a variety of additional Kinsale products, including Control of Well, Commercial General Liability, and Excess Casualty.

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Policy Structure:

• Up to $5M total policy limits
• Four component coverage parts for this product:
  • Coverage to get an out-of-control well back under control
  • Costs to restore or redrill the well
  • Pollution & clean-up costs
  • Third party care, custody, & control (CCC) for on-site equipment

Submission Requirements:

• Signed & dated applications, including Control of Well supplemental application
• Up-to-date well schedule
• Five-year currently valued company loss runs
• Website information or brochure