Inland Marine Insurance
Is there a deductible for inland marine insurance claims?
Yes, policies usually have deductibles that you must pay before the insurance coverage kicks in.
Dig deeper
Yes, inland marine insurance claims often have deductibles, which are the amounts you must pay out-of-pocket before your insurer covers the remaining loss.
Real World Example
An artist’s international exhibition is not covered by their inland marine policy, so they purchase a separate marine cargo insurance policy.
Expert Considerations
Bundle inland marine insurance with other business policies to save costs and simplify renewals with the same provider.
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