Inland Marine and Equipment Insurance for your Business

Inland Marine and Equipment Insurance

We offer policies that cover a broad range of items on site, or those which regularly leave your premises. Whether you are looking to insure construction equipment or your computer systems, we have solutions for you.

Types of coverage offered:

Contractor’s Tools
Construction Equipment
Mobile Equipment
Leased and Rented Equipment
Builders Risk Coverage (New Construction and Renovation)
Installation Floater
Computer and Communications Equipment
Property of Others in Your Care, Custody and Control
Antiques or Fine Arts

Commonly Asked Questions

What is Inland Marine Insurance?

Inland Marine Insurance is a specialized property insuring agreement geared to protect a broad range of items on site, or those which regularly leave your premises. These types of items may also carry a unique or intrinsic value.

What is the typical loss settlement valuation for contractor’s equipment?

Typically, items are valued at Actual Cash Value (ACV) which is their replacement cost, less depreciation. In some circumstances, depending on the age and type of item, a carrier may be willing to offer replacement cost valuation, which would not take depreciation into consideration. Agreed or appraised value may also apply in certain circumstances.