Why is it called "inland marine" insurance?
Historically, it evolved from ocean marine insurance, extending coverage to goods transported over land ("inland") rather than by sea.
The term 'inland marine' originates from the historical practice of insuring goods transported over waterways. As commerce expanded inland, the coverage evolved to protect items transported on land, but the name 'marine' remained.
A catering business uses inland marine insurance to cover its portable kitchen equipment transported to events.
Work with an insurance broker to customize an inland marine policy that matches your specific business risks and assets.
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