As a contractor, your tools, equipment, and materials are the backbone of your business. Whether you’re transporting supplies, operating on multiple job sites, or storing expensive machinery, the risk of theft, damage, or loss is always present. General Liability insurance may cover third-party injuries and property damage, but it doesn’t protect your own business assets. This is where Inland Marine insurance comes in—a crucial solution for safeguarding the tools and resources you rely on every day.

What is Inland Marine Insurance?

Despite its name, Inland Marine insurance has nothing to do with water or boats. Originally designed to protect goods transported over waterways, it has evolved to cover property that moves from place to place. This makes it ideal for contractors whose tools, equipment, and materials are constantly in transit.

Inland Marine insurance typically covers:

• Tools and equipment like power tools, generators, or compressors
• Heavy machinery such as excavators, bulldozers, and backhoes
• Building materials including lumber, steel, and piping
• Temporary structures such as scaffolding, forms, and fencing
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Why Inland Marine Coverage Matters to Contractors

Here’s how Inland Marine insurance protects your business and ensures continuity:

1. Protection Against Theft and Loss Construction sites and vehicles are frequent targets for theft. Whether tools are stolen overnight or equipment goes missing during transport, Inland Marine insurance covers the cost of replacing stolen items—saving you from expensive setbacks.
2. Coverage During Transit   As a contractor, you frequently move tools and machinery between job sites, exposing them to risks like accidents or damage during transport. Inland Marine insurance steps in to cover these losses, ensuring your assets are protected wherever they go.
3. Safeguards Against Fire, Weather, and Accidents   Unexpected events like fires, severe weather, or accidents can damage stored materials or machinery. Inland Marine insurance ensures you can replace damaged items promptly, keeping your business operational even when disaster strikes.
4. Meeting Contractual and Lender Requirements   Many project owners and lenders require contractors to carry Inland Marine insurance to guarantee business continuity in case of losses. Having this coverage can help you secure jobs and financing with confidence.
5. Keeping Projects on Track   Lost or damaged equipment can cause costly delays and affect your reputation. Inland Marine insurance helps you quickly replace assets, keeping your projects on schedule and avoiding penalties for missed deadlines.

How Inland Marine Insurance Complements Your General Liability Policy

While General Liability insurance protects you from third-party claims, Inland Marine insurance ensures your own tools, equipment, and materials are covered—providing a more comprehensive safety net for your business. By investing in both types of coverage, you’re better prepared for unexpected situations that could otherwise derail your operations.

Contact us at 215-650-9292 or Email – Service@JJCInsuranceAgency.com