Inland Marine Insurance
Inland Marine Contractors Insurance provides coverage for property that is movable or used in transportation and construction. This type of insurance is essential for contractors who frequently move tools, equipment, and materials from one job site to another.
Key Coverage Areas
Inland Marine Contractors Insurance typically covers:
- Equipment and Tools: Protection for machinery, tools, and equipment that are in transit or at a job site.
- Materials: Coverage for building materials during transportation and while stored at various locations.
- Temporary Structures: Insurance for temporary structures such as scaffolding, forms, and fencing.
- Installation Floater: Coverage for materials and equipment during installation, including losses due to accidents, theft, or vandalism.
Who Needs Inland Marine Insurance?
This insurance is crucial for:
- General contractors
- Subcontractors
- Construction companies
- Trade contractors (e.g., electricians, plumbers, HVAC contractors)
- Landscapers
Benefits of Inland Marine Insurance
- Comprehensive Coverage: Protects a wide range of movable property and equipment.
- Flexibility: Adapts to the unique needs of contractors who work at multiple job sites.
- Risk Management: Reduces financial risk by covering unexpected losses and damages.
Types of Contractors License Bonds
Common Exclusions
While Inland Marine Contractors Insurance offers extensive coverage, there are some common exclusions, including:
- Wear and tear
- Mechanical breakdowns
- Employee theft
- Pollution or contamination
- Governmental actions
Obtaining Inland Marine Contractors Insurance involves the following steps:
- Assess Your Needs: Determine the types of equipment, tools, and materials that require coverage.
- Select a Policy: Choose a policy that best fits your needs and budget.
- Purchase the Policy: Complete the application process and purchase with P&G Insurance
Get Covered Today
Protect your tools, equipment, and materials with Inland Marine Contractors Insurance. Contact us today for a personalized quote and ensure your business is safeguarded against unexpected losses.
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