What Does Blowout Prevention Warranty Mean?

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What does Blowout Prevention Warranty mean? Read on to discover the definition & meaning of the term Blowout Prevention Warranty - to help you better understand the language used in insurance policies.

Blowout Prevention Warranty

Blowout Prevention Warranty

A provision found in oil and gas well drilling equipment coverage forms that makes the use of blowout preventers (high-pressure valves that facilitate control of an oil well) on covered equipment a condition of coverage.

We hope the you have a better understanding of the meaning of Blowout Prevention Warranty.

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