Gas Companies

What Does GL Code 95305 Cover?

ISO GL class code 95305 covers gas companies primarily engaged in the distribution and sale of natural gas, including the operation and maintenance of gas mains, pipelines, and service lines. This class encompasses the significant general liability exposures associated with gas transmission, storage, and delivery to residential, commercial, and industrial customers.

Who Uses This Class Code?

This code applies to entities such as natural gas utility providers, gas transmission and distribution companies, and local gas service operators. Businesses responsible for maintaining gas infrastructure, including pipelines and metering stations, also fall under this classification.

Common GL Claims for This Class

Common claims include property damage and bodily injury resulting from gas leaks, explosions, or fires caused by faulty infrastructure or operational errors. Third-party claims may also arise from excavation damage to underground lines or service interruptions affecting businesses and residences.

Coverage Tips for Code 95305

• Ensure robust property damage coverage, including specific endorsements for underground property and utility lines, given the extensive infrastructure involved.
• Implement comprehensive environmental liability coverage to address potential pollution incidents from gas leaks or spills, which are a significant exposure for gas companies.
• Verify that your general liability policy includes coverage for utility service interruptions, as disruptions caused by your operations can lead to substantial third-party claims.
• Maintain strict adherence to all Florida Public Service Commission (PSC) regulations and federal pipeline safety standards, as non-compliance can lead to increased liability and fines.