If you own a business, large or small, it is likely that you have property insurance. This type of insurance covers most property, and can even extend to the property, such as a laptop, you take with you when you travel for business.
However, when it comes to larger equipment and certain high-value materials, there is another type of insurance you should consider. Many property insurance plans will not cover the overland transportation of certain goods, so it is important to discuss alternatives with your insurance agent.
What is Commercial Inland Marine Insurance?
Commercial inland marine insurance is a type of coverage that protects the high-cost goods and equipment you ship across the country as part of your business. For instance, it covers specific assets like computer, construction, medical, photography, and communications equipment.
Additionally, if you are looking to ship priceless fine art or museum artifacts, this type of insurance could also be a convenient solution.
The Benefits of Inland Marine Insurance
If you are wondering whether this type of insurance is right for your company, consider whether or not you frequently transport bulk shipments of the above materials. Whether by train, airplane, or tractor-trailer, your goods will always be vulnerable to unexpected delays, damage, and destruction.
As a result, you will want to be prepared for any situation that may come up. By protecting your shipments, you are protecting the future of your company.
If you are currently in possession of another company’s property, and an accident or damage occurs, commercial inland marine insurance could potentially cover the cost. When you sign up for inland marine coverage, you receive benefits like the following:
-protection of new construction projects,
-coverage of clients’ goods while your business transports them,
-protection of traveling museum exhibit or fine art pieces,
-coverage of materials from the time they are loaded onto a transportation vehicle or until they are installed.
Contact Texas Insurance Agency Today!
Texas Insurance Agency has been serving the Greater Houston area for many years. Since our founding, we have helped thousands of clients find the right insurance products and plans to fit their needs. We are passionate about helping you protect your family and business from the unexpected.
If you are looking for an insurance agency you can trust, give Texas Insurance Agency a call today. You can learn more about our company, locations, and services, by visiting our website. Or, you can speak with a friendly insurance agent by calling (281) 398-1010.