Commercial Inland Marine Insurance is a type of property insurance that helps cover items that are typically excluded by property coverage. This type of coverage may help meet the costs to repair or replace covered property that is damaged due to covered events including theft, fire, wind, hail or water damage. Commercial Inland Marine Insurance may also include protection from damage or loss due to accident or mishandling, or in the event of an undetermined cause of missing property. This type of insurance can be an important part of a business's risk management strategy, and can help protect businesses from unexpected losses.
Inland Marine insurance typically covers the following:
- Video, audio, or radio equipment
- Bridges and radio towers
- Property that is being transported
- Medical diagnostic equipment
- Party and special event equipment
- Fine art and collectibles
- Electronics
- Trade show exhibits
- Solar panels and wind turbines
- Miscellaneous property