In the United States, movable or specialized property types are indemnified under inland marine insurance. This type of insurance has a long history, developing from ocean marine insurance. Property covered by this category of insurance includes construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and much more.
How does inland marine insurance differ from other property insurance policies?
Inland marine insurance is different from other property insurance policies because it covers movable or specialized property types. This type of policy is designed to protect property not typically covered by other policies, such as construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and much more.
Who needs inland marine insurance?
Anyone who owns property that could be damaged or lost should consider purchasing inland marine insurance. The cost of this type of policy varies depending on the size and value of the insured property.
Benefits of having inland marine insurance include protection against damage or loss, coverage for repairs or replacement costs, and reimbursement for expenses incurred while repairing or replacing damaged or lost property.
How do you file a claim?
If you experience a loss or damage to your property, you should file a claim with your insurance company as soon as possible. Be sure to have all the necessary information, including the policy number, description of the lost or damaged items, and receipts for any expenses incurred.
Contact us today!
If you have questions about your inland marine insurance policy, call us at McCormick Insurance Inc. today. We proudly serve the Pembroke Pines, FL area.