Inland Marine Insurance is a type of property insurance that covers goods, equipment, and products while they are being transported over land or stored away from the primary business location. Originally designed for insuring shipments that were transported over water and later overland, the coverage has evolved to protect a wide range of movable property.
It can cover a variety of assets, such as construction equipment, fine art, valuable electronics, and even items in transit or at temporary locations. Essentially, it provides protection for property that is not fixed to a specific location, offering flexibility and security for businesses with mobile or transient assets.