What is a floater in inland marine insurance?

A floater is a policy extension that covers property with high mobility, like tools or equipment frequently moved between locations.

A floater in inland marine insurance is a policy add-on that provides coverage for specific items, like cameras or tools, wherever they go, ensuring they are protected even when offsite or in transit.

A wedding photographer includes a floater for their camera equipment, ensuring coverage during shoots at various locations.

Add motor truck cargo insurance if your business frequently transports goods by truck to protect against transit-related losses.