Insurance
For The North

Specialized Energy & Utilities Insurance Expertise:
At 705 Insurance, we specialize in offering insurance solutions tailored to businesses in the energy and utilities industries. Our experienced brokers understand the complexities and regulatory requirements of this sector and can help you navigate the challenges of insuring your operations. Whether you're dealing with large-scale energy production or providing essential services like water and gas, we ensure that your business is properly protected.

Comprehensive Coverage Options:
705 Insurance offers a wide range of coverage options designed specifically for businesses in the energy and utilities sectors. We ensure that your assets, employees, and operations are fully covered, allowing you to concentrate on delivering reliable energy services to your clients. From liability coverage to property and environmental risks, we customize your insurance policy to meet your unique needs.

General Liability Insurance:
General liability insurance is essential for energy and utility companies, as it covers third-party claims for bodily injury or property damage. This coverage is crucial if a client or member of the public is injured due to your operations or if property is damaged during energy distribution. It can also cover legal fees and any potential settlements or judgments resulting from such claims.

Property Insurance:
Energy and utility companies rely heavily on infrastructure, equipment, and physical assets. Property insurance protects your buildings, equipment, and machinery against damage from fires, natural disasters, theft, or vandalism. This coverage helps ensure the continuity of your business operations in the event of physical damage to your facilities or assets.

Business Interruption Insurance:
Business interruption insurance is vital for energy and utility companies to maintain financial stability during periods of disruption. If an unexpected event—such as a natural disaster or equipment failure—halts your operations, this coverage helps replace lost income and covers ongoing operating costs, allowing your business to recover more quickly and return to full operations.

Environmental Liability Insurance:
Energy and utility companies face significant environmental risks, including pollution or contamination resulting from equipment failures or accidents. Environmental liability insurance provides coverage for the costs of cleaning up environmental damage and defending against claims related to environmental contamination, which can be particularly important for those in the energy production and waste management sectors.

Equipment Breakdown Coverage:
Energy and utility companies depend on highly specialized machinery and equipment to run their operations. Equipment breakdown coverage helps protect against the costs of repairing or replacing vital machinery, such as turbines, generators, or transformers, in the event of mechanical failure. This ensures that your business can resume operations with minimal downtime, reducing the financial impact of equipment breakdowns.

Cyber Liability Insurance:
As more energy and utility companies rely on digital systems for monitoring, control, and distribution, cyber liability insurance is crucial for protecting your business from cyberattacks. This coverage helps cover the costs of data breaches, hacking incidents, and other cyber threats that could compromise the safety of your infrastructure or the privacy of your clients’ information.

Professional Liability Insurance:
For energy consulting firms or businesses providing technical services, professional liability insurance (errors and omissions) protects against claims of negligence or mistakes in the advice or services you provide. This insurance helps cover legal expenses, settlements, and damages in the event of a client lawsuit related to your professional services.

Pollution Legal Liability Insurance:
Pollution legal liability insurance offers protection against claims related to pollution, including cleanup costs, legal fees, and penalties. Energy and utility companies, especially those in power generation or oil and gas sectors, often face pollution risks that require specialized coverage to ensure compliance with environmental regulations and protect against environmental claims.

Automobile Liability Insurance:
Energy and utility companies often use a fleet of vehicles for service and maintenance operations. Automobile liability insurance covers the costs associated with accidents, injuries, and property damage caused by your vehicles while on the road. This coverage is essential for businesses that depend on vehicles to transport personnel, equipment, or goods.

Contractor Liability Insurance:
For energy and utility companies that work with contractors on construction or installation projects, contractor liability insurance protects your business from claims arising from contractors' negligence or accidents while working on your behalf. This coverage can be crucial when working with subcontractors on large-scale energy projects or infrastructure upgrades.

Errors and Omissions (E&O) Insurance:
Energy and utility businesses offering advisory or technical services may require errors and omissions (E&O) insurance. This coverage protects against legal claims for professional mistakes, failures, or omissions, such as errors in project designs, engineering advice, or consulting services.

Customizable Coverage Options:
At 705 Insurance, we understand that each energy or utility business has unique risks and operational needs. That’s why we offer customizable coverage options that allow you to tailor your insurance policy to meet your specific business requirements, ensuring comprehensive protection across all facets of your operation.

Competitive Rates:
We work with a variety of leading insurers to offer the most competitive rates for energy and utility companies. At 705 Insurance, our goal is to provide you with optimal coverage at an affordable price, ensuring that your business stays protected without straining your budget.

Get a Quote Today

Don’t leave your energy or utility business exposed to risks. Contact 705 Insurance today for a personalized quote and ensure that your operations, assets, and liabilities are covered by the best insurance policies available in the industry.

Protect Your Energy & Utilities Business with 705 Insurance
705 Insurance understands the unique challenges and risks that come with the energy and utilities industries. Our customized insurance solutions are designed to protect your business from unforeseen liabilities and operational disruptions. From general liability to environmental and equipment coverage, we provide the necessary protections for your energy or utility business. Get in touch with us today to ensure your business is fully covered.