Directional Drilling Tool Insurance

How to Submit a Well for a Quote?

Step 1: Complete Application Download Equipment Coverage Application (Click to Download Application) . Please complete all fields in the application thoroughly to speed up the process.

  Note: If you are a new agent please follow the Agent Producer Agreement Instructions

Step 2: Submit Application Submit completed Equipment Coverage Application along with available schematics of the intended drilling site.

Option 1: Email Mike Webb or Chris Webb

Option 2: FAX (214) 635-2115

Step 3: Accept Quote

  Within 1-3 business days after submission of your application, you will receive an email with one of the following responses:

Accepted – application has been accepted, and a quote for coverage of listed equipment will be attached.

Incomplete – application is incomplete, and additional information is required before a quote can be generated.

Declined – application contains details that are considered a high risk, according to our underwriting guidelines.

  If you wish to accept the quote, please email Transpac indicating your acceptance of the terms and conditions stated within the quote.

Please Read: Key Features of the Directional Drilling Tool Insurance Coverage

• Coverage must be quoted and bound by Transpac Managers before coverage is in effect.
• Coverage includes directional drilling tools while downhole, for loss or damage while below the rotary in bound wells.
• Coverage includes replacement cost with no depreciation.
• Coverage does not include fishing costs, but does include damage done as a result of fishing, with a 50% deductable subject to a $50,000 minimum.
• All loses are subject to a 10% deductable applied to the amount of the loss.
• Wells should be declared 24 hours in advance of tolls going below the rotary.

EMERGENCY CONTACT: Mike Webb
Office (214) 346-1512
Cell (214) 763-8590
Home (972) 222-8182