Inland Marine Coverage

What is Inland Marine Coverage

This unique insurance covers the risks relating to property and equipment that’s either in transit (including by road or rail) or being stored by a third party. Many commercial property insurance policies will only cover items or equipment that are on your business’ physical premises. This is where inland marine insurance comes in. It’s best for when you are shipping high-value goods to customers or retail outlets, but it has other uses such as covering expensive display equipment and demo models that you take to trade shows. Some policies even cover somebody else’s equipment stored on your business’ premises, which is something that could be vital for businesses such as repair shops.