Many business owners believe their business property is always covered, whether they are in the office or working off-site. However, many insurance policies only cover business property while it is at the physical business address.
Whether you work from your local coffee shop or your client’s job site, in our current business environment, it is quite common to work from a location other than your office. By their nature, businesses in many industries regularly conduct business off-site. Therefore, it is essential to make sure your assets are always protected.
What Is Inland Marine Insurance?
Inland marine insurance may sound like a strange name, but the coverage it provides is far from unusual. Simply put, inland marine insurance provides protection for your business property while you are traveling or at a location other than your primary business address. Whether you are concerned about protecting your high-powered laptop for your graphic design business, the new bulldozer at your latest construction site, or anything in between, inland marine insurance can provide the security you are looking for.
Some common examples of business property often covered by an inland marine insurance policy are:
- Computers and laptops
- Photography and video equipment
- Contractor’s tools and machinery
- Equipment for mobile businesses such as pet groomers
- Cargo being transported by a licensed trucking company or common carrier
- Artwork being put on exhibition
- Your client’s property while left in your care
Why Is It Important?
To grow your business, you have made significant investments in business property. Emergencies happen without warning, and unforeseen hazards can cause the unthinkable. By protecting your property both on-site with your business insurance policy and off-site with your inland marine policy, you are ensuring the security of your investment at all times.
Your BenefitSource insurance professional understands the financial burdens associated with operating a business. We will work with you to find the right coverage that fits within your budget. You can call us directly at (877) 215-5431 or email us for more information.
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