Wholesale Inland Marine / Ocean Marine Insurance

Inland marine insurance and ocean marine insurance are a type of property insurance that provide protection for large quantities of goods that are being transported long distance. With inland marine insurance, goods are protected when transported on land, and with ocean marine insurance, they are protected when transported across water. Inland marine insurance and ocean marine insurance are highly specialized forms of commercial insurance that are usually not covered under business owners policies (BOP). Our team can help you determine your client’s special needs and navigate this complex market.

Inland marine insurance policies protect goods that are being transported across land. Conversely, ocean marine insurance policies protect goods that are being transported across water. These are different from bailee coverage, which only covers property of others under the insured’s care. There is also cargo insurance, which only covers carriers like trucking or shipping companies. Depending on your client’s specific business model, they may need inland marine insurance, ocean marine insurance, or both. Our team can help you navigate this complex market and secure the right inland marine coverage and/or ocean marine coverage for your clients.

Any business that transports goods or people either on land or over water should have an inland marine insurance policy and/or an ocean marine insurance policy. Even if a company outsources transport over water, the firm can benefit from the risk protection an ocean marine insurance policy provides. Some types of businesses that would benefit from an inland marine insurance policy and/or an ocean marine insurance policy include construction and contractors, landscapers, fine art manufacturers, shipping and warehousing, environmental firms, entertainment businesses, and obviously transportation/motor truck cargo companies and pickup and delivery companies. There is a lot to consider when determining the right insurance coverage for your client so let our insurance agents help you tailor a quality inland marine insurance and ocean marine insurance program.