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Marine //


What does it cover?

  • Covers products, materials and equipment while transported on land.

  • Types of property include - computer systems, personal computers, communication and networking equipment, construction equipment, medical and scientific equipment, trade show exhibits, sales samples, photography equipment.

  • Types of coverages include - transit, commercial computer, bailee's customer, motor truck cargo, builder's risk, installation floater, exhibition and fine arts, contractors equipment.

How is premium cost dervied?

  • Based on size of company, types of equipment, how much coverage required, state requirements, type of products shipped.

  • Has deductible and coverage limit.

Claim Example

  • You are the owner of a construction company and you keep your tools in your work truck in a safe box.  Your car is broken into at night and your tools are stolen.

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