Inland Marine

Inland marine insurance is a specialized form of insurance that provides coverage for property and equipment that is in transit or temporarily located away from the insured’s premises. Despite its name, inland marine insurance covers a wide range of property that may not be directly involved in maritime transportation.

Inland marine insurance covers various types of property, including equipment, machinery, tools, artwork, mobile equipment, and other valuable goods. It provides protection against risks such as theft, damage, loss, or destruction that can occur while the property is in transit or located at temporary locations. This coverage extends beyond what is typically provided by traditional property insurance policies, which primarily focus on fixed property at a specific location.

If your business regularly transports or ships goods or equipment, having this coverage ensures that your assets are protected against potential damage or loss during transportation. Additionally, businesses that have property frequently stored or located off-site, such as contractors’ tools and equipment at job sites or artwork being exhibited at different venues, can benefit from inland marine insurance to safeguard their assets as well.