What is Inland Marine Insurance?
When items are lost, damaged, or stolen in transit or temporary storage, they may not be covered by your commercial property insurance, leading to unexpected expenses for your business. Inland marine insurance provides coverage in these situations, for your protection.
Why Do You Need Inland Marine Insurance?
Transporting goods has always been risky, and the need to provide coverage led to the marine insurance industry. When overland transport became more common, the industry had to expand to cover this new method of transportation, and inland marine insurance was created to fill this gap. This broad-based coverage can cover a wide range of items against damages and losses from many causes. If your Massachusetts business regularly ships or stores items off your business premises, an inland marine policy can provide the coverage you need for comprehensive protection.