Inland Marine Insurance in Denver, Colorado

Why Denver Businesses Need Mobile Equipment Coverage

Inland marine insurance covers business property that moves from location to location or is used away from your primary business premises. Despite the name, it has nothing to do with boats or water. This specialized coverage protects contractor tools and equipment, mobile equipment, computers and electronics transported for work, customer property in your care, and goods in transit. Standard commercial property policies typically limit or exclude coverage for property away from your fixed location, making inland marine essential for many Denver businesses.

What Does Inland Marine Insurance Cover?

Inland marine covers contractor tools and equipment used at various job sites, mobile equipment like scaffolding or generators, property in transit between locations, customer property being serviced or installed, computers and electronics taken off premises, and exhibitions or trade show property. Coverage protects against theft, damage, loss, and mysterious disappearance. It typically provides broader coverage than commercial property policies with fewer restrictions.

Benefits of Inland Marine for Colorado Businesses

Commercial property policies don't adequately cover equipment off premises, leaving your valuable tools exposed to loss. Inland marine covers tools and equipment at job sites against theft and damage and protects valuable mobile equipment essential to your operations. It also covers customer property while in your care, custody, or control, protecting you from liability if their items are damaged. For contractors, service businesses, and mobile operations throughout Denver, inland marine coverage is essential.

What Types of Businesses Need Inland Marine Coverage?

Contractors, landscapers, plumbers, electricians, HVAC technicians, photographers, caterers, IT service providers, and any business with valuable equipment that leaves the office need inland marine insurance. If your business property is mobile or frequently off premises, this coverage is essential. Denver's active construction and service industries make inland marine one of the most important coverages for local businesses.

How Is Property Valued Under Inland Marine Policies?

Most inland marine policies provide replacement cost coverage, paying to replace lost or damaged equipment with new items of similar kind and quality without deducting depreciation. This provides better protection than actual cash value coverage, ensuring you can get back to work quickly after a loss. Our agents can help you accurately value your mobile equipment and ensure adequate coverage limits.

Get an Inland Marine Insurance Quote in Denver, Colorado

Our inland marine insurance agents serve Denver, Colorado and surrounding areas including Aurora, Golden, Lakewood, Thornton, and Westminster. Contact Seguros Ideal Inc today for a free quote.