Inland Marine Insurance

Inland Marine Insurance

Inland marine may not sound like the type of insurance that is really is, but don’t let the name fool you. Inland marine insurance originally began as a way to cover goods being transported across waterways. It’s been developed into a comprehensive insurance policy that allows portable equipment, tools, cargo, and other items to be covered properly. Let the experienced agents at Westgate Insurance Agency tailor an inland marine insurance policy to suit your business’ individual needs.

What is Inland Marine Insurance?

This policy still covers the transportation of property, but it’s not just limited to property transported on water. This type of insurance covers items that may be transported back and forth to work on a regular basis, or work equipment that you need to transport to job locations.

It can also cover:

• Buildings under construction
• Fine art
• Computer equipment
• Data
• Your accounts receivable

Why You Need Inland Marine Insurance

Inland marine policies cover needs that aren’t covered or aren’t covered broadly enough in your other insurance policies. For example, your business policy may cover the loss of computers and computer hardware, but it doesn’t cover the loss of data in the event the equipment is destroyed. Your data is often just as valuable as the machine it was stored on.

If you want to learn more regarding the specifics of inland marine insurance, contact one of our agents today.  We’ll provide you with all of the details you need to know to decide if this policy is right for your business.