Inland Marine Insurance

Business Insurance for Inland Marine

Inland marine insurance covers business property that moves from location to location or is used away from your primary premises. Despite its name, this coverage has nothing to do with ocean shipping. It protects mobile equipment, tools, materials in transit, and property at customer locations.

Why Your Business Needs This

• Standard property policies have limited or no coverage for off-premises property
• Contractor tools and equipment at job sites face high theft exposure
• Property in transit can be damaged or lost between locations
• Equipment used at customer sites needs specialized coverage

What It Covers

Inland marine insurance covers contractor equipment and tools at job sites, property in transit between locations, equipment used for service calls, leased or rented equipment, valuable papers and documents, computer equipment used off-site, and installation floaters for equipment being installed. Coverage typically includes theft, damage, and mysterious disappearance on an all-risk basis. Common classes include contractors equipment, builders risk for materials, installation floaters, and valuable papers.

Who Needs Inland Marine Coverage?

Contractors, mobile service providers, IT consultants, photographers, landscapers, HVAC technicians, and any business that transports equipment or works at customer locations need inland marine insurance. If your property leaves your business premises regularly, you need this specialized coverage.

How Is This Different From Commercial Property Insurance?

Commercial property insurance covers property at fixed locations like your office or warehouse. Inland marine insurance covers property that moves, is in transit, or is temporarily at other locations. These coverages work together to provide complete protection.