What is Inland Marine Insurance?
What Is Inland Marine Insurance?
By Adam
If you’ve ever heard of Inland Marine Insurance and weren’t quite sure what it covers, no worries.. we will break it down for you.
Let's dive into the basics of inland marine insurance and it’s benefits. What Is Inland Marine Insurance? Inland marine insurance is a type of property insurance that covers goods in transit, movable property, and other items not typically covered by traditional property policies. It can be used to cover a wide range of specialized or unique items, including goods in transit, valuable papers and records, equipment, construction materials, and much more.
Benefits of Inland Marine Insurance Inland marine insurance provides protection for businesses that rely on the transportation of goods. It helps protect against damage or loss due to theft, collision, fire, floods, and other unforeseen circumstances. Additionally, this type of coverage can help cover the costs associated with damaged or lost items while in transit. This includes things like repair costs or replacement costs for damaged items. Finally, inland marine insurance can also provide financial protection in case there are legal issues related to any damaged or stolen items while they are in transit.
Talk with your insurance agent today to see if an inland marine insurance policy is right for your business!
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