Transporting Goods?
Transporting Goods?
While shipping anything it is good to look at what is offered to protect the goods that are on the move. If you are a business who does this every day it is especially important to make sure the articles are covered.
Businesses who ship goods by land should consider have inland marine insurance. This covers articles in transit by planes, trains, automobiles, and trucks including bridges, tunnels, and other modes. Inland marine insurance will often cover important and highly valuable items such as jewelry, fine arts, and china.
Inland marine is also known as “floaters” since the property to which is covered was essentially “floating.” The coverage has grown to include property that just involves an element of transportation. The property that is insured under inland marine insurance is typically one of the following:
- Actually in transit
- Held by a bailee
- At a fixed location that is an instrument of transportation
- A movable type of goods that is often at different locations
Inland marine should be something to consider when you are in this type of business. Not only protecting you but the customers who trust you with their belongings or the goods you need for your business.
