Inland Marine, Floater & Contractor’s Equipment
Inland Marine Insurance encompasses a wide variety of coverage afforded to property that is subject to movement and at risk for loss from theft and other causes of loss to which business personal property is vulnerable. These are generally all risk policies but they can be written for specialized causes of loss and they typically cover equipment and machinery not licensed as an over the road vehicle. Contractor’s equipment coverage is not restricted to a location, so the coverage applies to equipment at job sites, other stored locations and while in transit. Large pieces of equipment are generally scheduled while smaller types of equipment and tools are usually written on a blanket basis.
Over the years our attorneys have had significant experience with claims involving contractor’s equipment and inland marine claims. We have handled large commercial equipment losses and claims that arise as a result of fires, explosions or other losses that cause damage to such equipment.