Inland marine insurance, also known as tools and equipment coverage, is designed to provide insurance coverage to property while in transit. Getting the right inland marine insurance coverage in New York is a herculean task for many business owners. This is despite the fact that there are thousands of companies transporting high-risk materials and goods across states.
Whether you are a contractor or a company involved in transit of such materials, you don’t have to look any further. At Skeele Agency, Inc., we’ve got your back with the most affordable rates on the market.
We have over 58 years of experience in the insurance industry and we leverage this rich history to get you the most appropriate coverage for your unique business needs. We understand that every transit arrangement is different and this is the reason we offer customized transit insurance coverage to ensure your valuables are safe while on the move.
Tools and Equipment Insurance Coverage
Our inland marine insurance packages are ideal for contractors, builders, and other construction professionals who are involved in the transportation of high-risk materials. We also help to cover against risks for business owners whose tools of the trade have to be transported from one location to another.
For instance, lawn care companies, computer systems operators, and fine art dealers, among others, would benefit from this type of insurance. In essence, our tools and equipment coverage is intended for any business owner who wants to protect their property while these items are either being transported or used away from the primary business premises.
Inland Marine Insurance Coverage
We have designed our inland marine insurance to cover as many options as possible. Some of the properties our coverage options include:
Bailee’s Customer:
This applies when you have been left with custody of a client’s property.
Property in transit
- Commercial computer coverage: This covers all computer systems and servers including laptops.
- Items sold and they are in transit to the buyer
- Fine art dealer and galleries: This coverage is ideal to protect your precious art when on display and in transit.
- Rented and leased equipment
Installation Floater:
This option offers comprehensive coverage for your equipment of trade from the moment of loading to the point of acceptance and installation.
- Contractor’s equipment: It safeguards your equipment when at shipyards, job site, storage yards, and in transit.
Motor truck cargo:
This is ideal for companies delivering client goods.
There are many other instances that would require you to take up a tools and equipment insurance policy. For this reason, we advise you to talk to us to get the right coverage. If you have any doubts about the need for this kind of insurance, we shall advise you whether you need this type of coverage.
Tools and Equipment Insurance Policies
Our specialized tools and equipment insurance policies are primed to protect your movable property wherever it might be. Indeed, it can be written on an all-risk, named perils, or open perils basis and this is where our licensed, professional insurance agents come in handy in helping you to decide the suitable coverage.
Whether you are a professional who is always traveling with your expensive tools of trade or a contractor hauling cranes between sites, our tools and equipment insurance coverage is invaluable in protecting your business.
We work with the most experienced insurance carriers including Hagerty, Kemper, Allstate, Madison Mutual, and New York Central Mutual, among many others. We guarantee to get you the best quote regarding rates and applicability for your needs.
We have offices in Cazenovia, Chittenango, DeRuyter, Manlius, Moravia and Waterville. Call us today and protect your brand’s image while preventing financial losses.
