Central Oregon's Leading Insurance Advocate

Steve Thill Insurance

(541) 408-0971

Contact Steve Directly

(541) 408-0971

Contact Steve Directly

Inland marine insurance

What Is Inland Marine Insurance?

While you may think an inland marine insurance policy is something for those who live next to the ocean in Oregon, it has a bit of a different meaning. Inland marine insurance is a type of coverage that helps protect your property while it’s in transit. This can include items like your business inventory, tools, and equipment.

If you have a business, there’s a good chance you need some form of inland marine insurance. Here’s what you need to know about this type of coverage as it pertains to Oregon.

What Does Inland Marine Insurance Cover?

Inland marine insurance can cover a variety of items, including:

  • Business inventory: If you have a brick-and-mortar store or sell products online, your inventory is likely one of your most valuable assets. An inland marine policy can help protect your inventory from damage or loss while it’s in transit.
  • Tools and equipment: If you use tools or other equipment for your business, an inland marine policy can help protect them from damage or loss while they’re being used or transported.
  • Transportation: Inland marine insurance can also cover the vehicles you use to transport your goods, including trailers, trucks, and trains.

How Does Inland Marine Insurance Work?

Inland marine insurance works similarly to other types of business insurance in that it can help reimburse you for damages or losses caused by covered perils. However, because this type of coverage is designed specifically for items in transit, there may be some additional restrictions on what’s covered. For example, many policies will only cover damages or losses caused by accidental events like fire, theft, or weather-related incidents.

Do You Need an Inland Marine Insurance Policy?

If you have a business, it’s a good idea to have some form of inland marine insurance in place. This type of coverage can help protect your inventory, equipment, and vehicles from damage or loss while they’re in transit. Talk to your insurance agent to see if an inland marine policy is right for your business.

Inland Marine Insurance Carriers

There are many different insurance carriers that offer inland marine insurance policies. Some of the more popular carriers include:

  • Hartford
  • Travelers
  • Liberty Mutual
  • Nationwide
  • USAA

These are just a few of the many carriers that offer this type of coverage. Policies will differ depending on the carrier you choose and your business needs.

How to Sign Up for An Inland Marine Insurance Policy?

If you’re interested in getting an inland marine insurance policy for your business right away, I am here to help. I can help you determine the amount of coverage you need and find a policy that fits your budget.

Contact me today to learn more and schedule an review of your insurance policies.

Share on facebook
Share on twitter
Share on linkedin

How Can We Help With Your Insurance Needs?

Please fill out the form and we will get back to you shortly.