Commercial Inland Marine Insurance

Commercial Inland Marine Insurance brokers and agents deliver simplicity for your business.

Commercial Inland Marine Insurance brokers and agents deliver simplicity for your business.
Business and commercial business insurance brokers and agents deliver simplicity for your Commercial Inland Marine Insurance needs.

If your business is located in Alabama, Arkansas, Florida, Georgia, Iowa, Indiana, Kansas, Mississippi, Nebraska, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee & Virginia  call for expert help with business inland marine insurance (844) 863-6154.


Commercial Inland Marine Insurance is a type of business insurance coverage specifically designed to protect businesses from losses related to goods and other items that are transported over land. It is important for businesses to have this coverage, as it can help to protect against losses from theft, damage, or destruction of goods during transit, as well as from other causes. It is important to understand the different types of coverage available and how it can help protect your business.

In this guide, we will discuss the basics of Commercial Inland Marine Insurance, how it works, what it covers, and how to choose the right policy for your business. We will also cover the different types of coverage available and the various exclusions that may apply.

What is Commercial Inland Marine Insurance?

Commercial Inland Marine Insurance is a type of business insurance coverage designed to protect businesses from losses due to theft, damage, or destruction of goods during transport over land. It provides protection for items that are in transit, such as machinery, equipment, and other items. It is important to note that this coverage does not extend to goods that are shipped by air or sea, as those shipments require separate insurance coverage.

This type of coverage is important for businesses that transport goods, as it can help to protect the business from losses due to theft, damage, or destruction of goods during transport. It can also protect the business from losses due to other causes, such as fire, vandalism, and even natural disasters.

Types of Commercial Inland Marine Insurance

There are several types of Commercial Inland Marine Insurance available, each of which provides a different level of protection. The most common types of coverage include:

1. Cargo Insurance: This type of coverage provides protection for goods that are in transit, either by truck, train, or other means of transport. This coverage can help to protect against losses due to theft, damage, or destruction of goods during transit.

2. Equipment Floater: This type of coverage provides protection for machinery, equipment, and other items that are in transit. It can help to protect against losses due to theft, damage, or destruction of the items during transit.

3. Builder’s Risk: This type of coverage provides protection for buildings and other structures that are under construction. It can help to protect against losses due to theft, damage, or destruction of the structures during construction.

4. Bailee’s Insurance: This type of coverage provides protection for items that are stored in a warehouse or other location. It can help to protect against losses due to theft, damage, or destruction of the items while in storage.

5. Installation Floater: This type of coverage provides protection for machinery, equipment, and other items that are being installed. It can help to protect against losses due to theft, damage, or destruction of the items while they are being installed.

Exclusions

It is important to note that there are certain exclusions that may apply to Commercial Inland Marine Insurance. These exclusions may vary depending on the policy, but some common exclusions include:

1. War and Civil Commotion: This exclusion applies to losses due to war or civil unrest.

2. Nuclear Hazard: This exclusion applies to losses due to nuclear reactors or nuclear radiation.

3. Pollution: This exclusion applies to losses due to pollution or contamination.

4. Intentional Acts: This exclusion applies to losses due to intentional acts, such as theft or vandalism.

5. Mechanical Breakdown: This exclusion applies to losses due to mechanical breakdown of items.

Choosing the Right Policy

When choosing a Commercial Inland Marine Insurance policy, it is important to consider the type of coverage that is right for your business. It is also important to consider the exclusions that may apply to the policy and if they are applicable to your business. Additionally, it is important to compare different policies to ensure that you are getting the coverage that is right for your business at the best rate.

Commercial Inland Marine Insurance is an important type of business insurance coverage that can help to protect businesses from losses due to theft, damage, or destruction of goods during transport over land. It is important to understand the different types of coverage available and the various exclusions that may apply. Additionally, it is important to compare different policies to ensure that you are getting the coverage that is right for your business at the best rate.