As a business owner you may want to consider Inland Marine coverage.
Inland marine insurance was first created to cover the transport of goods over water, but the definition has expanded to refer to the coverage of goods in transit on land, as well as to the property of others that is at your premises or being transported to or from your premises.
Inland Marine Coverage could be the key to protecting business property. Do you transport property of any kind for your business?
Examples could include…
- Timing Systems
- Training Equipment
- A/V Equipment
Consider the equipment and inventory you and your employees travel with in order to conduct your daily business. That can range from electronic timing equipment to laptops and computer data.
Your property insurance policy might not be enough to protect the items you need to do business. Many property policies limit the amount of coverage while you are away from a designated business address. That doesn’t help you if your equipment is damaged at a location 10 miles away from your office.
If you have property that’s moved from place to place on a regular basis, inland marine coverage is crucial. Inland Marine Coverage offers affordable protection for the equipment, merchandise, and other items you transport for your business no matter where they go or are located. All of these things are covered while they’re in transit or sitting in a company vehicle. It can even cover loss or damage to property belonging to others while the property is in your possession.
If your business is mobile in any way or involves unique or valuable property that you have in your custody, Inland Marine Insurance should be part of your business plan.
Let RMS help you determine if Inland Marine coverage is appropriate for you. Call us at 800.777.4930.