Inland Marine Insurance in North Carolina

Coverage That Travels With Your Equipment, From Our Durham Agency

Despite its name, inland marine insurance has nothing to do with boats. It covers property that moves from place to place or doesn't fit neatly into a standard property policy. If your business takes tools to job sites, ships products, or keeps equipment at a client's location, Alpha Risk Management Services in Durham can help you see how this coverage fits.

Why Standard Property Coverage May Fall Short

A commercial property insurance policy generally focuses on items at your business location. Once equipment leaves your building, coverage may be limited or may not apply at all. Inland marine policies are designed to fill that gap by protecting property while it's in transit, on a job site, or temporarily stored somewhere else.

Common Types of Inland Marine Coverage

• Contractor's equipment: Tools, machinery, and heavy equipment used on job sites.
• Installation floaters: Materials and supplies while they're being installed for a project.
• Motor truck cargo: Goods you transport for customers or for your own business.
• Builder's risk: Buildings and materials while they're under construction.
• Electronic equipment: Laptops, tablets, and other technology used on the go.

Who Uses Inland Marine Insurance?

Contractors, landscapers, electricians, photographers, event companies, and businesses that move goods often rely on inland marine coverage. It can also help companies that lend or lease equipment to others. The work vehicles themselves are covered separately under commercial auto insurance, and both fit within a broader commercial insurance plan.