The oilfield is lawsuit-heavy, and $1M general liability limits can be burned through quickly.

The Pitfall: Believing that $1M in coverage is “plenty.” For serious claims involving multiple injured parties or property damage, defense costs alone can eat that limit.

The Fix: Umbrella and excess liability policies extend your protection at a relatively low cost. A $10M tower of coverage is often just a fraction of your base premiums.

Takeaway: The pitfall is assuming “standard limits” are enough. The fix is recognizing oilfield realities and stacking excess coverage accordingly.

We’ll show you how cost-effective umbrella protection really is.