Exploring Inland Marine Insurance
Inland marine covers property or equipment in transit and used away from the primary office location. Many inland marine policies provide coverage without regard to the location of the covered property; which is why they can sometimes be referred to as “floater” policies.
Understanding the Coverage of Inland Marine Insurance
Inland marine insurance from Risk Specialty Group covers movable assets and property in transit, including items such as surveying equipment, scanning machines, and GPS units to name a few.
The Importance of Inland Marine Insurance for Businesses
Businesses require inland marine insurance to protect their movable assets and property in transit. Whether it’s surveying equipment, laptops used in the field, or tools, this coverage ensures financial security against loss or damage to property used in the field.
Inland Marine Insurance compared to traditional Property
Inland marine insurance differs from traditional business personal property insurance in that it specifically covers assets in transit or in the field. Inland marine covers equipment or tools used in the field away from the office, where as business personal property covers property in the office, such as computers, furniture & fixtures.
Obtaining Quotes for Inland Marine Insurance
Contact us today to provide details on the assets you need to insure and we’ll offer tailored coverage options to suit your business needs.
Exploring Inland Marine Insurance for Your Business
Businesses can use inland marine insurance to protect their movable assets and property in transit. Whether it’s surveying equipment, portable devices, or tools, this coverage ensures financial security against loss or damage to property used in the field.
Choosing Reliable Providers of Inland Marine Insurance
We specialize in insuring architects, engineers, surveyors, environmental consultants, technology, oil & gas consultants and even manufacturers and EPC firms. Trust us with your Inland Marine needs and contact us today for quote options.
Factors Influencing the Cost of Inland Marine Insurance
The cost of inland marine insurance depends on various factors, such as the value of the tools & equipment being insured, the level of coverage needed and the nature of how the tools & equipment are being used.
Understanding the Claims Process for Inland Marine Insurance
If you experience a loss, email or call us immediately to initiate the claims process. Our team will guide you through the process and work to resolve your claim promptly.
Assessing the Applicability of Inland Marine Insurance Across Industries
Inland marine insurance is not limited to specific industries. It’s suitable for any business that deals with movable assets or tools & equipment used in the field. This coverage provide protection for a wide range of valuable assets and properties. Some of the industries we serve include surveyors, engineers, construction contractors and manufactures.
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10 FAQs about Inland Marine Insurance
What is Inland Marine Insurance?
Inland marine covers property or equipment in transit and used away from the primary office location. Many inland marine policies provide coverage without regard to the location of the covered property; which is why they can sometimes be referred to as “floater” policies.
What does Inland Marine Insurance cover?
Inland marine insurance from Risk Specialty Group covers tools and equipment used in the field, including items such as surveying equipment, scanning machines, and GPS units to name a few.
Why do businesses need Inland Marine Insurance?
Businesses need inland marine insurance to protect their tools and equipment used in the field. Since this property is away from their primary office location, a standard business personal property policies do not cover such equipment. Therefore, a separate standalone policy is required to cover this equipment.
How can I obtain Inland Marine Insurance quotes?
Contact us today to provide details on the assets you need to insure and we’ll offer tailored coverage options to suit your business needs.
Can I get Inland Marine Insurance for my business?
Yes, we specialize in insuring architects, engineers, surveyors, environmental consultants, technology, oil & gas consultants and even manufacturers and EPC firms. Trust us with your Inland Marine needs and contact us today for quote options.
Which companies provide Inland Marine Insurance?
We work with many insurance carriers that provide Inland Marine insurance. Some provide them as stand-alone policies and some can include Inland Marine coverage within their Business Owners Policy (BOP). Some of these carriers include Travelers, RLI Insurance Co, Hartford, Liberty and Berkshire Hathoway to name a few.
What factors affect the cost of Inland Marine Insurance?
The cost of inland marine insurance depends on various factors, such as the value of the tools & equipment being insured, the level of coverage needed and the nature of how the tools & equipment are being used.
How do Inland Marine Insurance carriers determine coverage?
Inland marine insurance carriers assess coverage based on the type of assets, their value, and how the equipment is used. We can tailor coverage options to meet specific business needs and provide protection for your tools and equipment used in the field.
What steps are involved in filing a claim for Inland Marine Insurance?
If you experience a property loss or damage, contact us immediately to provide necessary documentation and information related to the incident so we can help ensure a swift resolution to your claim.
Is Inland Marine Insurance suitable for all industries?
It is suitable to any business that uses tools and equipment in the field. Typical industries that we provide Inland Marine coverage to include architects, engineers, surveyors, environmental consultants, technology, oil & gas consultants and even manufacturers and EPC firms. Trust us with your Inland Marine needs and contact us today for quote options.
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