Inland Marine Insurance for Florida Business Property

Business Insurance for Inland Marine

Inland marine insurance protects business property that travels or is used away from your main business location. Despite its name, this coverage has nothing to do with water or boats. It evolved from marine insurance but now covers property in transit, mobile equipment, and valuable items that standard commercial property policies don't adequately protect. If your business uses tools at job sites, transports inventory to customers, or owns specialized equipment that moves between locations, inland marine coverage fills critical gaps in your insurance program. The Gordon Agency helps Florida businesses identify property exposures that require this specialized coverage.

Why Your Business Needs This

• Commercial property policies only cover property at your listed business locations
• Tools and equipment at job sites face theft and damage risks standard policies exclude
• Property in transit between locations or to customers lacks coverage under basic policies
• Specialized equipment and valuable property often need scheduled coverage with specific limits
• Losing expensive tools or equipment can prevent you from completing jobs and earning income

What It Covers

Inland marine insurance covers contractor tools and equipment at job sites and in transit between locations. It protects inventory and goods you transport to customers or between your facilities. The coverage includes property temporarily stored at locations other than your main premises. Mobile equipment like construction machinery is covered whether it's at your yard, a job site, or moving between locations. The policy protects valuable property like computers, cameras, and specialized instruments that travel with your employees. Exhibitions and trade show property receive coverage while at events. Installation floaters cover property you've sold but not yet installed at customer locations. The policy typically provides all-risk coverage, protecting against most causes of loss including theft, damage, and disappearance. The Gordon Agency customizes inland marine coverage based on the specific property your business uses and where you use it.

Which Businesses Need Inland Marine Coverage?

Contractors need inland marine insurance for tools and equipment used at various job sites throughout Florida. Service businesses that bring equipment to customer locations require this coverage. Companies that transport goods or inventory as part of their operations need protection for property in transit. Businesses with mobile equipment that moves between locations should have inland marine coverage. Companies that attend trade shows and exhibitions need coverage for their display property. Any business with valuable property used away from the main premises benefits from this specialized coverage. The Gordon Agency evaluates your operations to determine which property needs inland marine protection and structures coverage accordingly.

How Is Inland Marine Different From Commercial Property Insurance?

Commercial property insurance covers buildings and contents at specifically listed locations, while inland marine covers property wherever it goes. Commercial property policies often exclude or limit coverage for property away from your premises. Inland marine provides broader, all-risk coverage for mobile property compared to the named-perils approach of many property policies. Inland marine typically doesn't require you to list specific locations because coverage follows the property. The policies can cover property worldwide, not just in Florida. The Gordon Agency ensures your commercial property and inland marine coverages work together without gaps or unnecessary overlaps, giving you complete protection for all your business property.