Call Us 888-995-8986 ☰ ˟
Contact Us Permits
People Trucking Insurance
888-995-8986
  • HOME
  • COVERAGE
    • Owner Operator
    • Motor Truck Carrier
    • Physical Damage
    • Workers Compensation
    • Trucking
    • FDOT Compliance
  • GET A QUOTE
    • Liability
    • Cargo
    • Physical Damage
    • Workers Compensation
    • Permits
    • FDOT Compliance
    • Trucking
  • US DOT PERMITS
  • RESOURCES
    • Refer a Friend
    • Insurance Glossary
    • Important Links
  • BLOG
  • ABOUT US
    • About Us
    • Our Location
    • Privacy Policy
  • CONTACT
Auto Icon Home Icon Business Icon Life Icon Health Icon Boat Icon
Home > Blog > Why Truckers Need Inland Marine Insurance
WEDNESDAY, DECEMBER 16, 2020

Why Truckers Need Inland Marine Insurance

DESCRIPTION

Whether you are a trucker, a trucking company owner or both, your job is centered around transportation. However, when you take any type of cargo, equipment or other property into your care, you must take responsibility for it. All the same, because you cannot prevent every accident that might occur, you still need to protect your cargo with strong insurance.

All truckers can benefit from a unique type of coverage called inland marine insurance. It is coverage that makes sure that the property in your care has coverage while it is in transport, and whether it belongs to you or to someone else.

What is Inland Marine Insurance?

Inland marine insurance was developed at a time when most of America’s shipping was done over waterways—hence why the word marine is included in the title.

However, as America’s shipping has transferred to railroads, roadways and the air, this coverage has gone with it. Today, inland marine insurance can help commercial shippers, truckers included, insure the items they carry, and they can use it to compensate the cargo’s owner should something damage or destroy the items in question. Consider just a few of the advantages of this coverage.

Inland Marine Insurance Protects Your Liability

Truckers of course try to drive safely and handle their cargo with care. However, you can’t guarantee that you won’t have an accident, or that your truck won’t get stolen or damaged by a fire. In any case, the damage to your cargo could still be the same, and the cargo’s owner could expect you to pay for it. As a result, you need the benefits provided by inland marine insurance to help you make this remittance. That way, you won’t have to pay for these losses yourself.

Coverage Protects Items Even When You Are Not Driving

An inland marine policy can cover your truck’s cargo both while you are actively driving and when you are doing other tasks. After all, plenty of hazards could damage items that are not in transit:

  • If you store items in a warehouse, something might happen to them there.
  • Cargo might sustain damage when you are loading or unloading it.
  • An employee of your company might steal cargo.

In any of these cases, the loss to the owner could be the same. Therefore, inland marine insurance will create a way for you to still provide them with adequate compensation.

It is for More Than Someone Else’s Cargo

Inland marine insurance doesn’t just cover someone else’s belongings. It can also insure a business’s specialty equipment when it is transported off its company premises. For example, if your business develops electronic equipment that it provides to others, this coverage can protect these items both when they are in transport and when they are left at the user’s site.

Get A Quote

Posted 3:15 PM

Tags: trucking insurance, commercial trucking insurance, inland marine insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020

  • trucking insurance(5)
  • commercial trucking insurance(4)
  • liability insurance(1)
  • trucking liability insurance(1)
  • inland marine insurance(1)

View Mobile Version

Find us online:

Facebook
Twitter
Instagram
Google+
LinkedIn
Get Directions
Contact Us Today
Important Links
Transport Topics
SAFER
Quest Diagnostics
Resources
Products
Customer Service
Payment Options
Report a Claim
News
About Us
Refer A Friend
Our Carriers
Blog
Contact Us
Contact us 2830 Winkler Ave, Suite 104-A,
Fort Myers,FL 33916

P: 239-800-9774
F: 954-666-0321
E: jtiburcio@peopleinsurancegroup.com
© Copyright 2021. All rights reserved. Powered by Insurance Website Builder.