Inland marine insurance covers property that moves — tools in your truck, materials being delivered to a job site, equipment transported between locations, and goods in transit that aren't covered by standard property or cargo policies. Despite its nautical name, inland marine has nothing to do with boats. It's one of the most important and misunderstood coverages for contractors, builders, and any business whose valuable property travels.
Contractors (electrical, plumbing, HVAC, painting, roofing), construction companies, movers, installers, event companies, IT service providers who transport equipment, photographers, and any business that regularly moves valuable property between locations.
Commercial property covers your building and contents at a fixed location. Inland marine covers property that moves — tools in your truck, materials at a job site, equipment in transit. If it travels with you, it needs inland marine coverage.
Inland marine typically costs 1–3% of the total property value per year. A $50,000 tools and equipment policy might cost $500–$1,500/year. Rates depend on property type, security, and claims history.
Commercial auto typically covers the vehicle only — not its contents. Your $30,000 worth of tools in your truck bed or van are NOT covered by commercial auto. You need inland marine (tools and equipment floater) for that.
Get a free quote or call (321) 206-8035.