Inland Marine Insurance

A. What does Inland Marine Insurance cover?

1. Inland Marine Insurance covers certain portable business personal property and is broken down into two different policy forms: “filed,” a standard policy that can be included as part of a Commercial Package, and “nonfiled” for all the many varieties of business personal property not covered in the standard “filed” policy.

B. Examples of filed and nonfiled policy:

1. Filed, or “Standard Inland Insurance,” coverage can be part of the Commercial Package Policy and include these coverage forms:
   1. mail
   2. physician’s & surgeon’s equipment
   3. theatrical property
   4. film
   5. commercial articles
   6. accounts receivable
   7. valuable papers and records
   8. signs
   9. jewelry
   10. floor plan
   11. equipment dealers
   12. camera and musical equipment dealers
2. Nonfiled – Domestic Shipment
   1. Annual transit policy protects shippers and receivers of goods against loss of goods in transit.
   2. Motor truck policy covers cargo shipped by truck.  This insurance protects the carrier as opposed to the shipper or receiver.
3. Nonfiled – Bridges, pipelines, TV towers
4. Nonfiled – Insurance for Bailee’s is available in policies tailored to your business, and for example, covers damage to a car that is left with the valet attendant who parks your car, or the suit that is left at the dry cleaner.
5. Nonfiled – Contractor equipment insurance covers the heavy equipment owned, rented, or borrowed while on the job site.  An example would be a bulldozer or a welding torch.