Inland Marine Insurance for Texas
What is a Inland Marine Insurance policy?
Inland marine insurance is a type of insurance policy which can be designed to protect property (with financial reimbursement) while in transit, along with high-value mobile items like tools. Despite the rather peculiar name, inland marine insurance is actually a very useful type of insurance, and it is commonly recommended to business owners, especially people who need to travel with their tools or equipment for work, or people who work with high-value items.
Originally created to cover the transportation of goods over water, it has expanded over the years to cover goods in transit on land as well, including:
- Property being transported
- Buildings under construction
- Computer equipment and data
- Accounts receivable
- Fine artwork
- Mobile equipment such as forklifts, dozers, track hoes, bobcats, maintainers, loaders, etc.
Does your business need Inland Marine Insurance?
Depending on the type of small business you own, this coverage can be essential to providing financial protection for your business's property or tools while in transit. Think about the items you place in your work van or truck on a daily basis to get a job done, or the valuables, including data, for which you are responsible for. Most property policies limit or exclude coverage for these items.
Or perhaps you are in the construction trade or are building an addition to your office. Inland Marine Insurance can help provide financial protects for building materials—and a contractor’s tools and equipment. If you clean, repair, service or perform work on property of others, depending on insurance coverage Inland Marine Insurance can help you. It can cover losses to goods that occur at your premises, while being transported to or from your premises or in storage.
We know this type of insurance seems a bit tricky. Our agents can work with you to help you understand the benefits of Inland Marine Insurance. For more information on Inland Marine Insurance contact, David Kimbrough Insurance Agency at 281-996-7615 or fill out our online form above for your FREE Inland Marine Insurance Quote today.
Texas Insurance Agency offering Inland Marine Insurance policies in
Friendswood,
Houston, Pasadena, and League City Texas.