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Coverage for Equipment, Tools & Goods in Transit

Inland Marine Insurance

Not all business property stays in one place. Inland marine insurance protects tools, equipment, and goods while they’re in transit or used off-site. Johannes Agency provides inland marine coverage for Minnesota businesses and beyond that need protection beyond the walls of their buildings—from contractors on the move to companies transporting valuable equipment.

What’s Included in Inland Marine Coverage

Inland marine insurance fills the gap left by traditional property policies. Common coverages include:

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Installation Floater

Covers materials awaiting installation or in transit.

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Contractor’s Equipment Coverage

Protects tools, machinery, and equipment taken to job sites.

Delivery truck with a shield and checkmark, symbolizing protected shipping.

Transportation Coverage

Protects goods while being shipped or delivered.

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Bailee’s Customer Coverage

Covers property belonging to others in your care.

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Fine Arts & Valuable Property

Coverage for high-value items stored or displayed off-site.

A refrigerator, laptop, headphones, phone, and air conditioner.

Electronic Equipment Coverage

Protects laptops, diagnostic tools, and portable tech devices.

Who Needs Inland Marine Insurance

Any business that moves tools, products, or property between locations can benefit from inland marine coverage. We commonly insure:

  • Contractors & Builders

    Covering mobile tools and heavy equipment.

  • Retailers & Distributors

    Protecting goods while being delivered.

  • Farmers & Agribusinesses

    Coverage for portable machinery and grain handling equipment.

  • Service Professionals

    Insuring laptops, tech tools, and diagnostic gear.

  • Manufacturers

    Covering goods in transit or awaiting delivery.

Inland Marine Insurance FAQs

Here are answers to common questions about inland marine insurance for Minnesota businesses:

  • Why is it called “inland marine” insurance?

    The name dates back to early shipping policies that covered goods transported over water. Today, it protects property that moves over land—from tools to equipment to cargo.

  • Does commercial property insurance cover equipment I take off-site?

    No. Employee injuries are covered under workers’ compensation insurance. General liability covers third-party claims such as customers or vendors.

  • Is this coverage only for large businesses?

    No. Contractors, small retailers, and even one-person operations often need inland marine coverage. It’s designed for anyone moving property between job sites.

  • Can inland marine coverage protect rented or borrowed equipment?

    You still need general liability and possibly D&O coverage. Even if you rent office space or operate virtually, your organization can be sued or held liable for damages.

  • How much inland marine coverage do I need?

    It depends on the value of the equipment or goods you regularly move. Johannes Agency can help determine appropriate limits based on your operations.