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Best Inland Marine Insurance Providers

Inland marine insurance protects your business when you ship products, equipment, or materials over land by truck/train or store them offsite. Learn if you need inland marine coverage and where to get it.

    Kymberlin Bush
  • Last updated onUpdated

  • Shelbi Wescott
  • REVIEWED BY

    Shelbi Wescott

    Managing Editor

Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

Inland marine insurance might be the most misunderstood commercial insurance coverage there is.

If your business doesn’t involve working on water, you may think you don’t need inland marine insurance. That’s the kind of thinking that can leave you dangerously exposed to unnecessary risk.

This post will tell you all you need to know about inland marine insurance, including what it is, what it covers, if you need it, and which of the best business insurance providers offer it.

Learn More About Our Top Picks

CompanyBest ForNext StepsBest For
The Hartford Small Business Insurance

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  • Coverage tailored for builders & contractors
  • Additional options for bailees, collectible, exhibitions, art, & more
  • Dedicated claims team offers 24/7 assistance
  • Coverage tailored for builders & contractors
  • Additional options for bailees, collectible, exhibitions, art, & more
  • Dedicated claims team offers 24/7 assistance

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Travelers Small Business Insurance

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  • Special focus on equipment
  • Options for fine arts, medical equipment
  • Specialized claims assistance 24/7
  • Special focus on equipment
  • Options for fine arts, medical equipment
  • Specialized claims assistance 24/7

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Chubb Business Insurance

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  • Best coverage for large, complex businesses
  • "Unique exposure" coverage
  • Multinational claims assistance
  • Best coverage for large, complex businesses
  • "Unique exposure" coverage
  • Multinational claims assistance

Visit Site

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Liberty Mutual

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  • Coverage options for unscheduled equipment
  • Traditional coverage also available
  • Risk prevention tools & 24/7 claims
  • Coverage options for unscheduled equipment
  • Traditional coverage also available
  • Risk prevention tools & 24/7 claims

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Thimble

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  • Affordable coverage up to $5,000
  • Can cover borrowed, rented, owned equipment as well as customers' property
  • Claims handled by third party
  • Affordable coverage up to $5,000
  • Can cover borrowed, rented, owned equipment as well as customers' property
  • Claims handled by third party

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Food Liability Insurance Program

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  • Specialized coverage for food-based businesses
  • Affordable cost for mobile food vendors
  • Online claims process
  • Specialized coverage for food-based businesses
  • Affordable cost for mobile food vendors
  • Online claims process

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Read more below to learn why we chose these options.

Table of Contents

What Is Inland Marine Insurance

Despite its name, inland marine insurance has nothing to do with the ocean. If you work at sea, transporting goods and materials on or over bodies of water, you’ll need marine insurance. Once those goods are unloaded onto dry land, inland marine insurance comes into play.

Inland marine insurance protects your products, equipment, and materials when you transport them across land, typically by truck or train. That includes when you’re using them at a job site away from your main business location. Inland marine insurance can also provide coverage for products, equipment, and materials that are temporarily stored with a third-party provider.

Who Needs Inland Marine Insurance?

Any business that performs work offsite, stores material or equipment with a third party, or moves products by road or rail is a good candidate for inland marine insurance.

Inland marine is a type of business insurance that can be purchased as standalone coverage or as an add-on to an existing business policy. Your commercial property insurance may provide some protection, giving you a base to build full coverage on. Talk to your insurance representative to find out which will be the best option for your small business.

Here are some common business types that typically rely on inland marine insurance to provide necessary coverage:

  • Construction
  • Contractors
  • Technology companies
  • Transportation companies (i.e., motor truck cargo)
  • Warehouse and logistics
  • Art dealers and galleries
  • Agriculture
  • Landscapers
  • Entertainment
  • Party and special events
  • Mobile food service
  • Farmers market vendors
  • Trade show attendees (samples and displays)

What Does Inland Marine Insurance Cover?

Inland marine insurance can help you pay to repair or replace business property damaged while in transport or a third-party’s care. Here are some examples of the types of incidents that typically are and are not covered by inland marine coverage.

What Inland Marine Insurance Covers

Inland marine insurance covers damages to your products, materials, and equipment when in transit by road or rail or stored away from your main property.

Covered incidents typically include the following:

  • Theft
  • Fire
  • Wind and hail
  • Water damage
  • Mysterious disappearance (e.g., when the cause of the disappearance cannot be identified)
  • Accidental damage

What Inland Marine Insurance Doesn't Cover

Like all types of insurance, inland marine coverage is written precisely to exclude certain types of incidents. Here are some common limitations:

  • Damage from incidents that occur at your main business location
  • Commercial vehicles
  • Materials and equipment shipped by air or by sea
  • Earthquake and flood damages

While it’s not one of the basic coverage types, like commercial property insurance or general liability, inland marine insurance is indispensable for certain types of companies. If yours is one of them, you should look into getting inland marine coverage before an accident or theft makes you realize how much you need it.

How The Best Inland Marine Insurance Companies Compare

Pricing Quotes Availability Specialty Area Claims
The Hartford Personal quote Online 48 states Contractors & Builders 24/7
Travelers Personal quote Phone or online 50 states Specialized Equipment 24/7
Chubb Personal quote Online 54 countries All Small Businesses 24/7
Liberty Mutual Personal quote Phone 50 states Floating Coverage 24/7
Thimble Add on for $6/month Online 48 states Small Companies Outside service
Food Liability Add on for $299/year Online 50 states Food Vendors 24/7

The Best Inland Marine Insurance Providers

The best inland marine insurance offers complete protection for your goods in transit or stored offsite. We think these companies offer the best coverage at the best price:

  • The Hartford: Best Inland Marine Insurance For Contractors & Builders
  • Travelers: Best Inland Marine Insurance For Specialized Equipment
  • Chubb: Overall Best Inland Marine Insurance
  • Liberty Mutual: Best Inland Marine Insurance For Floating Coverage
  • Thimble: Best Inland Marine Insurance For Small Companies
  • Food Liability Insurance Program: Best Inland Marine Insurance For Food Trucks

The Hartford: Best Inland Marine Insurance For Contractors & Builders

The Hartford Small Business Insurance

Total Rating 4.3
Pricing4.5

Features5.0

Customer Service3.0

User Reviews3.0

Pricing

Varied. Average general liability is $88/month

Types of insurance offered

30+ policy types

Time to receive quote

Usually same-day

Pros

  • Serves wide range of industries
  • Broad coverage for inland marine
  • Special focus on builders

Cons

  • Not available in Alaska or Hawaii

Why We Chose The Hartford For The Best Inland Marine Insurance

While inland marine insurance can be a great choice for all types of businesses, it has special appeal to contractors and builders. The Hartford's inland marine coverage can be designed to include builder's risk insurance, contractor's equipment coverage, and installation insurance.

The Hartford Inland Marine Insurance Cost

Like many large insurers, The Hartford provides pricing information only by direct personal quote.

We do know that The Hartford’s average general liability insurance cost comes in at around $88/month. That’s fairly competitive pricing for mid-sized and larger businesses. However, this may not be the most affordable option for smaller companies shopping mainly on price.

However, The Hartford offers stellar protections and free price quotes. Even if you’re extremely price-conscious, we think it’s worth your time to check out The Hartford’s inland marine coverage for your small business.

The Hartford Inland Marine Insurance Features

As we mentioned, The Hartford’s inland marine coverage options are broad and can be tailored for many types of business. Here are some highlights of The Hartford’s inland marine coverage:

  • Builders risk
  • Contractors equipment
  • Cranes and riggers liability
  • Installation
  • Renewable energy course of construction
  • Renewable energy equipment
  • Related property
  • Communication towers
  • Electronic equipment
  • Motor truck cargo
  • Rolling stock
  • Shipper’s interest
  • Warehouse and logistics
  • Carrier logistics choice
  • Equipment rental and sales

You can also add coverage for special types of coverage, including bailees (which covers the loss of property that’s in your care), collectibles, exhibitions, fine arts, musical instruments, patterns and dies, signs, and vending machines.

The Hartford specifically offers inland marine coverage to cover equipment that’s essential to these types of businesses:

  • Agriculture and landscaping
  • Computer
  • Electronic
  • Entertainment
  • Flooring
  • Medical
  • Party and special event
  • Sales and rental dealers

The Hartford Customer Service & Claims

The Hartford employs dedicated marine underwriting specialists and offers full-service inland marine coverage with dedicated transportation claim specialists.

Claims assistance is available 24/7, with high customer satisfaction reported.

The Hartford Is The Best Choice For Inland Marine Insurance If You:

  • Need coverage specially designed for builders and contractors
  • Want equipment coverage
  • Operate a mid-size or larger business
  • Prefer working with one of the nation’s largest and oldest insurers

Get Started With The Hartford Small Business Insurance

Read our in-depth review

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Travelers: Best Inland Marine Coverage For Specialized Equipment

Travelers Small Business Insurance


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Pros

  • Coverage available for specialty equipment
  • Local agents in 50 states
  • Highly rated for customer satisfaction and financial stability

Cons

  • No online quotes

Why We Chose Travelers For The Best Inland Marine Insurance

Travelers offers a full spectrum of inland marine coverage, serving a variety of industries. We think Travelers is particularly well suited for any business using specialized equipment.

Travelers Inland Marine Insurance Cost

Travelers does not share general pricing information. This company also does not support online price quotes. You’ll need to connect with a local agent to discuss your needs and pricing.

Start on the Travelers website and simply enter your ZIP Code to see agents near you. You’ll notice that some results will include phone numbers only, while others offer email contact information.

Travelers Inland Marine Insurance Features

Travelers offers inland marine coverage to a variety of business types. Here are some highlights:

  • Computerized business equipment coverage
  • Communications coverage
  • Miscellaneous property coverage
  • Medical equipment coverage
  • Fine arts and museums insurance
  • Renewable energy insurance

Travelers offers a full range of policies aimed particularly at construction, marine suppliers, and marine transportation companies. You can also purchase equipment breakdown coverage and surety bonds through Travelers.

Travelers Customer Service & Claims

Travelers claims professionals work with risk control and Specialty Investigations Group with expertise in construction; fine art, jewelry, and other valuables; renewable energy; transportation and logistics; and specialty and heavy equipment.

You can start the claims process online, via email, or with a phone call. Service is available 24/7. You’ll be able to track your claim’s progress online.

Travelers Is The Best Choice For Inland Marine Insurance If You:

  • Work with specialized equipment that you want to insure
  • Want to combine inland marine insurance with an actual marine transport policy
  • Want 24/7 claims support from a top-rated insurance company

Get Started With Travelers Small Business Insurance

Read our in-depth review

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Chubb: Overall Best Inland Marine Insurance

Chubb Business Insurance


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Pros

  • Extensive inland marine offerings
  • Fast personal price quotes
  • Dedicated claims representatives
  • Suitable for complex or international business

Cons

  • Aimed at businesses making less than $30 million/year

Why We Chose Chubb For The Best Inland Marine Insurance

Chubb is one of the nation's top-rated commercial insurance companies. So it's no surprise that Chubb inland marine coverage is the best around.

Chubb Inland Marine Insurance Cost

You can request a personal quote from Chubb online. Pricing is tailored to your unique business needs.

Chubb’s agents can use a proprietary tool known as u*writer, an interactive underwriting system that lets them submit, rate, get a quote, bind, and issue a policy 24/7.

Chubb Inland Marine Insurance Features

When it comes to inland marine insurance, Chubb offers the most extensive coverage of any insurer we’ve seen. Here are some highlights:

  • Construction: Commercial builders’ risk, residential builders’ risk, contractors’ equipment, installation floaters
  • Engineered Risk: Bridge and tunnel authorities; ports, piers, and equipment; dams; turnpike authorities; container cranes; civil works and other infrastructure property
  • Unique Exposures: Agricultural equipment, equipment dealers, fine arts, leased property motor truck cargo legal liability, musical instruments, scientific instruments, warehouse legal liability

Chubb also offers traditional ocean marine insurance, from worldwide transit and storage to coverage for commercial maritime operations.

Chubb Customer Service & Claims

Customer support is available through Chubb’s online portal, by email, via a contact form, or over the phone.

You can report a claim online or by phone. Trained claims representatives guide Chubb customers through the process, including a multinational claims unit that can coordinate claims activities around the globe.

Chubb Is The Best Choice For Inland Marine Insurance If You:

  • Have multinational operations
  • Operate a large and complex business
  • Bring in less than $30 million/year

Get Started With Chubb Business Insurance

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Liberty Mutual: Best Inland Marine Insurance For Floating Coverage

Liberty Mutual


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Pros

  • Specialized coverage of unscheduled equipment
  • Available nationwide
  • Aggregated free quotes

Cons

  • Small businesses may not be able to file claims online

Why We Chose Liberty Mutual For The Best Inland Marine Insurance

Some insurance needs are straightforward and easily covered. Others are more complex and need a nuanced approach. That's where Liberty Mutual's inland marine insurance excels.

Liberty Mutual Inland Marine Insurance Cost

You can start your personalized Liberty Mutual insurance quote online. Liberty Mutual contracts with Tivly, an insurance marketplace, to provide comprehensive quotes. You’ll be sent to an external Tivly webpage to complete your request for a quote.

You can also call a toll-free number to start your quote.

Liberty Mutual Inland Marine Insurance Features

If your business involves specialized equipment and other items that don’t fall cleanly within traditional inland marine boundaries, Liberty Mutual can get you covered with a miscellaneous property floater policy.

Liberty Mutual inland marine policies can be written to include coverage for general items such as:

  • Athletic equipment
  • Auto body tools
  • Sound equipment
  • Catering equipment
  • Cleaning service equipment
  • Construction trailers
  • Food trucks and equipment
  • Golf carts
  • Lawn maintenance equipment
  • Leased property
  • Scientific equipment
  • Vending machines

You’ll also find traditional inland marine coverage, such as:

  • Antiques, fine arts, and museums
  • Builder’s risk
  • Commercial computer
  • Contractor’s equipment
  • Installation floater
  • Motor truck cargo/transportation
  • Radio, television, and cellphone towers
  • Warehouse legal liability

Liberty Mutual also offers risk prevention tools, including a suite of web-based safety materials. You can also connect with safety specialists at the Risk Control Consulting Center.

Liberty Mutual Customer Service & Claims

Claims assistance is available 24/7, and Liberty Mutual says it takes only 10 minutes or less to file a claim. You can track and manage your claim online.

Liberty Mutual Is The Best Choice For Inland Marine Insurance If You:

  • Use nontraditional equipment that isn’t typically covered by inland marine insurance
  • Want a competitive price quote from a marketplace
  • Operate a cleaning business, food cart, or use leased equipment

Get Started With Liberty Mutual

Read our in-depth review

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Thimble: Best Inland Marine Insurance For Small Companies

Thimble


Visit Site

Pricing

Starting at $17/month

Types Of Insurance Offered

Basic business coverage + some specialized policies

Time To Receive A Quote

Instant Quotes

Pros

  • Suitable for small companies
  • Affordable coverage
  • Excellent user reviews

Cons

  • Not available in Washington or New York
  • Not suitable for large businesses

Why We Chose Thimble For The Best Inland Marine Insurance

Thimble isn't your average insurance company. It's new, it's small, and its offerings are limited. We think it's one of the best overall insurers out there for small businesses, including those doing seasonal or occasional work or events.

Thimble Inland Marine Insurance Cost

Thimble stands out from a crowded insurance field by publishing pricing information, with a caveat that your price may vary depending on some of your choices.

Thimble allows customers to business equipment protection — its name for inland marine coverage — onto every monthly policy. Note that although Thimble offers insurance by the day, job, week, or month, you’ll need to be on a monthly plan to add this coverage.

The starting cost for adding this coverage is $6/month. Coverage limits can be set at $1,000 to $5,000, with a $500 standard deductible. If you choose a higher limit, your premium will be greater.

Thimble’s business property coverage starts at around $23/month. If you add basic inland marine coverage, you’re looking at a starting rate of around $30/month.

Thimble Inland Marine Insurance Features

Reflecting its small business focus, Thimble offers inland marine insurance under a more easily understood name: business equipment protection.

Thimble’s version of inland marine insurance is simple. It’s uncomplicated coverage aimed at simple businesses that want added protections. You won’t find high-value limits or specialized coverage.

What Thimble’s equipment coverage does offer is reliable protection for equipment you own and equipment you use, with protection that follows the equipment wherever you use it.

This can be an affordable option for companies that have travel as an integral part of their business model, such as a food cart. If you rent equipment, keep your customers’ property temporarily, or borrow and share tools, for example, you’ll be covered.

If you have equipment or any items that are valued individually at more than $2,500, you will need to “schedule” coverage for them. All that means is that you’ll need to list the make, model, and serial number of your biggest assets.

Thimble Customer Service & Claims

Thimble outsources its claims processing. If you need to file a claim, you’ll work with a company called Sedgwick. However, you can start the process on the Thimble website or through the app. You can also receive some limited support from Thimble during the claims process.

Although this process is somewhat unusual, Thimble customers don’t seem to mind. In fact, they award Thimble’s claims process 4.5/5 stars overall.

Thimble Is The Best Choice For Inland Marine Insurance If You:

  • Run a small company and want affordable coverage for your equipment and tools
  • Work frequently in different locations away from your main business location
  • Don’t need coverage with a high dollar value

Get Started With Thimble

Read our in-depth review

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Food Liability Insurance Program: Best Inland Marine Insurance For Food Trucks

Food Liability Insurance Program


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Pros

  • Specialized coverage for food-based businesses
  • Affordable coverage
  • Restaurant equipment covered

Cons

  • Limited support options

Why We Chose Food Liability Insurance For The Best Inland Marine Insurance

Food trucks and businesses using rented commercial food prep space especially need this type of coverage. Fortunately, you can obtain coverage from an insurer that tailors its options to businesses like yours: the Food Liability Insurance Program.

Food Liability Insurance Program Inland Marine Insurance Cost

Food Liability Insurance Program offers optional tool and equipment coverage and a trailer endorsement. These types of optional coverage can be added to your general liability coverage.

FLIP’s general liability starts at $25.92/month or $299/year. Adding tools and equipment starts at $8.85/month, and trailer coverage costs $12.50/month.

Food Liability Insurance Program Inland Marine Insurance Features

FLIP’s inland marine coverage protects your business equipment from accidents wherever you take your business activities. Equipment can include ovens, microwaves, refrigerators, freezers, inventory including merch, and office equipment such as computers and routers.

If your equipment suffers damage from fire, lightning, explosions, wind, frost, cold weather, hail, rain, sleet, snow, or ice, inland marine coverage will help you repair or replace it.

Other covered events include smoke damage, vandalism, riots, overturn of a vehicle, breakage, theft, and volcanic action. FLIP suggests that any business answering “Yes” to any of these questions should strongly consider adding inland marine coverage:

  • Do you sell products online and ship to customers?
  • Is your business mobile?
  • Do you take equipment or inventory away from your main premises to do business?
  • Do you work as a vendor at fairs, festivals, and the like?

Food Liability Insurance Program Customer Service & Claims

You can file a claim with FLIP online. Telephone service is available on weekdays during business hours, Mountain Time.

Food Liability Insurance Program Is The Best Choice For Inland Marine Insurance If You:

  • You operate a nontraditional food service business, such as a food cart
  • You attend festivals, markets, and other events as a vendor
  • Your food-based business involves taking equipment to use away from your main business location

Get Started With Food Liability Insurance Program

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Our Methodology For Choosing The Best Inland Marine Insurance

Merchant Maverick rates insurance providers according to a list of criteria that includes pricing, features, availability, and more. Providers are given an aggregate score that lets us compare them to similar providers.

For this list of the best inland marine insurance, we considered each company’s range of offerings and customer satisfaction ratings. We looked for those that offered a special focus that set them apart from the competition.

Keep in mind that inland marine insurance is a type of specialty coverage. Not all insurers offer it. Still, we looked to include a range of coverage options to suit all types and sizes of businesses.

Information was gathered from each insurance company’s website and company representatives. Ratings are reviewed by our editorial team and senior writers to ensure accuracy.

The Bottom Line On Inland Marine Insurance

Inland marine insurance offers essential coverage for any business that routinely takes equipment on the move, ships products or other items over land, stores customers’ property on your business premises, or stores and uses equipment away from your main business location.

If your business engages in any of those activities, you definitely should talk to your insurance provider about your inland marine coverage options.

Because inland marine is generally obtained as an add-on policy, it strengthens your commercial property insurance at an affordable cost. Most insurers will be happy to offer you a free consultation to discuss if this type of coverage is appropriate for your business.

FAQs: Inland Marine Insurance

What is inland marine insurance?

Inland marine insurance provides added protection for your equipment, products, and inventory when it’s being transported over land or used offsite. It’s usually offered as coverage you can add on to your commercial property insurance.

Why does inland marine insurance mean?

Inland marine can be a confusing insurance term, because it really doesn’t have anything to do with marine environments. Focus on the “inland” portion of the name, and you’ll see that this coverage offers added protection for business equipment and property that is transported over land or used/stored away from your main business location.

What is the cost of inland marine insurance?

The cost of inland marine insurance can vary widely depending on your choice or provider and coverage limits. The least expensive coverage we found was through Thimble, for $6/month. This type of coverage requires a Thimble general liability policy, starting at around $23/month for a combined total of about $29.

What does inland marine insurance cover?

Inland marine insurance offers coverage to protect your products, materials, and equipment from events such as theft, fire, wind and hail, water damage, accidental damage, and mysterious disappearance. It does not cover damages that occur at your main business location, damage to commercial vehicles, items shipped by air or sea, or earthquake and flood damage.

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Kymberlin Bush

Kymberlin Bush

Staff Writer
Kymberlin started contributing to Merchant Maverick as a freelancer in 2022 and joined the team as the full-time small business health insurance expert in 2023. She earned her Bachelor of Arts in Creative Writing from Pacific University in 2020 and continues to reside in Portland, Oregon.
Kymberlin Bush
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