Inland Marine Insurance

Expert Inland Marine Insurance for Commercial and Personal Property

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Inland Marine Insurance

Inland marine coverage protects movable property and equipment not typically covered under a traditional property insurance policy. It is an essential coverage option for Emerald Coast businesses.

It protects valuable equipment and frequently transported property, such as construction equipment, fine arts, and medical equipment.

Inland Marine Insurance Coverage Options

Our coverage options include but are not limited to the following:

Contractors Equipment Coverage

This coverage protects contractors’ tools and equipment, including machinery and construction equipment.

Fine Arts Coverage

This coverage is designed to protect valuable works of art, such as paintings, sculptures, and antiques, while in transit or on display.

Installation Floater Coverage

This coverage protects contractors’ materials, supplies, and equipment while installed.

Medical Equipment Coverage

This coverage protects medical professionals’ equipment, including diagnostic machines, surgical equipment, and office equipment.

Who Needs Inland Marine Coverage?

Inland marine coverage is essential for many businesses and individuals in Emerald Coast. The following are the types of businesses and individuals who can benefit from inland marine coverage:

  • Contractors and construction companies
  • Transportation and logistics companies
  • Medical professionals
  • Art collectors and museums
  • Equipment rental companies
Benefits of Inland Marine Insurance

Inland marine coverage benefits individuals and businesses across the Emerald Coast. Some of the key benefits include:

  • Protection for movable property and equipment – Inland marine coverage protects valuable property and equipment frequently transported or in transit, such as construction equipment, fine art, and medical equipment.
  • Customizable coverage – Inland marine coverage can be customized to fit each client’s specific needs, ensuring that their assets are protected in the most comprehensive way possible.
  • Broad coverage – Inland marine coverage can safeguard against many perils, including theft, damage, loss, and more.
  • Competitive rates – Despite the comprehensive coverage offered by inland marine coverage, the rates are often competitive compared to other types of insurance.
  • Peace of mind – Inland marine coverage provides peace of mind to individuals and businesses, knowing that their valuable assets are protected in case of unexpected events.
  • Increased credibility – For businesses that rely on transporting equipment or property, having inland marine coverage can increase their credibility with clients and partners, demonstrating their commitment to protecting their assets and minimizing risks.
Itemized valuation of all covered property or equipment is required by insurers

Insurers require an itemized valuation of all covered property or equipment to obtain Inland Marine Coverage. This helps the insurer determine the appropriate coverage amount and ensures you receive the necessary compensation in case of damage or loss. Remember to provide accurate, up-to-date information to confirm your coverage meets your needs.

Risk assessment

The insurance carrier will conduct a risk assessment to determine the likelihood of loss or damage to the property or equipment being insured. It may involve inspecting the property or equipment and evaluating any potential hazards associated with its transport or use.

Proof of ownership

Individuals and businesses seeking inland marine coverage must provide proof of ownership of the insured property or equipment.

Premium payment

Inland marine coverage requires a premium, typically based on the value of the property or equipment being insured, as well as other factors such as the risk assessment and the deductible chosen by the policyholder.

Compliance with safety standards

 Depending on the type of property or equipment being insured, the insurance carrier may require compliance with specific safety standards, such as the use of safety equipment or adherence to particular transport regulations.

Requirements for Inland Marine Insurance

The requirements for inland marine coverage can vary depending on the insurance carrier and the offered policy. However, there are some general requirements that individuals and businesses in Emerald Coast, should be aware of before seeking inland marine coverage:

Why Choose Term Brokers Insurance?


Our team has years of experience in the insurance industry and specializes in commercial auto coverage. We have the knowledge and skills to assist you. Find the right policy that meets your specific needs.

Comprehensive Coverage

We understand that every business is unique, which is why we offer a wide range of coverage options to protect your vehicles, drivers, and business. From liability and collision coverage to uninsured motorist protection, we have you covered.

Competitive Rates

We work with multiple insurance carriers to find you the most competitive rates possible. We’ll look around on your behalf to find you the best coverage at a price that fits your budget.

Exceptional Customer Service

At Term Brokers Insurance Services, we pride ourselves on providing exceptional customer service. We are determined to being there for you every step of the way, from helping you choose the right policy to answer any questions you may have.

Local Presence

We are a local insurance agency with offices in the community. We understand the unique risks and challenges that businesses in our area face, and we are here to help you navigate them.

Frequently Asked Questions

While property insurance typically covers fixed assets, such as buildings and structures, inland marine coverage is designed to protect movable property or equipment that is frequently transported or in transit. Inland marine coverage can protect assets not covered under a standard property insurance policy, such as construction equipment, fine art, and medical equipment.

While inland marine coverage provides broad coverage for a wide range of perils, there may be certain exclusions or limitations depending on the specific policy. It's important to carefully review the policy and understand what is and is not covered before obtaining coverage. Some standard exclusions may include damage caused by wear and tear, gradual deterioration, and intentional acts.

Inland marine coverage can be customized to fit each client's specific needs. It may include selecting particular types of coverage or adding endorsements to the policy, adjusting the deductible amount, and modifying coverage limits to ensure that assets are adequately protected. Working with an experienced insurance agent who can help tailor coverage to your specific needs and guide selecting the appropriate coverage options is essential.

Contact Us Today!

At Term Brokers Insurance, we are committed to providing our clients with exceptional service and support. Whether you have questions about our insurance products, want to learn more about our services, or are ready to obtain a quote, we are here to help. You can visit our office conveniently located at 348 Miracle Strip Pkwy SW Ste 30-A Fort Walton Beach, FL 32548, or give us a call at 850-864-2000 to speak with one of our experienced agents. We are dedicated to helping you find the right insurance coverage to meet your unique needs, and we look forward to serving you. Contact us today to learn more!

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