Insurance term
Inland Marine Insurance
Inland Marine Insurance is a type of property insurance that helps protect movable property, tools, equipment, and certain goods while they are being transported or used away from a fixed location. Despite the name, it usually has nothing to do with the ocean; it is commonly used for items like contractor equipment, cargo, and specialized business property.
Example
A construction company buys Inland Marine Insurance to help cover its portable tools and equipment while they are being moved between job sites.
Related terms
Comparisons to help you decide
Ready to protect what matters?
Get a free, no-obligation quote. Our bilingual agents compare options from several carriers to find an alternative that fits your needs and budget.