Why Choose Our Inland Marine Insurance?
In today’s dynamic business environment, many assets and equipment don’t stay in one place. Whether you’re transporting goods, moving valuable equipment between job sites, or dealing with high-value items on the go, Inland Marine Insurance is essential for protecting your mobile assets. At The Wallace Insurance Agency, we understand the unique challenges businesses face when their property is in transit or located off-site. As a family-owned and operated agency, we provide personalized service and insurance solutions designed to meet the specific needs of your business. With our deep expertise, we ensure that your valuable assets are protected, no matter where your work takes you.
Coverage Options
Inland Marine Insurance offers comprehensive protection for property that moves, whether across town or across the country. Here are some of the key coverage areas included in Inland Marine policies:
Equipment and Tools Coverage: Protects your business’s mobile equipment, tools, and machinery against risks such as theft, damage, or loss while they’re in transit or at a temporary location. This is particularly vital for businesses in construction, landscaping, or contracting, where equipment is regularly moved between sites.
Goods in Transit Coverage: Covers the transportation of goods, whether you’re shipping products to customers or moving inventory between warehouses. This ensures that your goods are protected against damage, loss, or theft during transport by land, sea, or air.
Installation Floater: Provides coverage for materials and equipment that are in the process of being installed at a job site. This coverage protects against loss or damage before the installation is complete and the property is transferred to the client.
Bailee’s Coverage: Offers protection for businesses that temporarily hold property belonging to others, such as dry cleaners, repair shops, or storage facilities. This ensures that your business is protected against liability if a customer’s property is damaged or lost while in your care.
Fine Arts Coverage: Designed for businesses that handle, transport, or display valuable artwork, antiques, or collectibles. This specialized coverage protects against damage or loss to these high-value items, whether they’re on display, in storage, or in transit.
Contractor’s Equipment Coverage: Tailored for contractors and construction businesses, this coverage protects the heavy equipment and machinery that are critical to your operations, ensuring they’re covered wherever your work takes you.
These coverage options provide a flexible and comprehensive safety net for the assets that move with your business, helping you avoid financial loss and keep your operations running smoothly.
