Inland marine insurance protects your business property when it’s in transit or stored at a site other than your main business location. It also covers specialized high-value assets that property insurance typically doesn’t cover.
Inland marine insurance closes the gaps in standard commercial property insurance. Property insurance protects your tangible assets stored at your main business site and up to about 1,000 feet away. It doesn't protect property that is stored beyond that distance or property that is in transit between business sites.
Inland marine insurance covers losses to five types of business property:
Inland marine insurance does not cover:
Inland marine insurance is a specialized form of property insurance. Not all small businesses need it. However, companies that fit the following profile should consider purchasing it:
Small businesses that have mobile property and that can meet an insurer’s underwriting requirements will likely be eligible for inland marine insurance.
Insureon helps small business owners compare commercial insurance quotes from A-rated U.S. carriers with one easy online application. Start a quote today to protect your business against damage to your mobile property.