Inland Marine Insurance

Inland marine insurance is property insurance for property in transit over land, certain types of moveable property, instrumentalities of transportation, and legal liability exposures of bailees. Many inland marine insurance forms provide coverage without regard to the location of the covered property; these are sometimes called “floater” policies. As a group, inland marine coverage forms are generally broader than property coverage forms.

Inland marine insurance covers:

• Property used in the insured’s business or property of others for which the insured has assumed written liability.
• Mobile machinery, equipment, and tools the insured uses in their trade.
• Items leased/rented FROM others, as well as items leased/rented TO others.
• Items are covered wherever they are within the coverage territory: jobsite, in transit, business premises, etc.

• Contractors; both environmental and non-environmental contractors that use/transport equipment
• Construction companies
• Agriculture businesses
• Landscaping businesses
• Companies that have data processing as part of their operations
• Any insured that has movable/mobile equipment