BUSINESS

Is General Liability equivalent to Inland Marine?

No, inland marine and general risk protection aren’t exactly the same thing. Inland marine is a sort of property protection.

It shields your company from financial losses brought on by physical damage to tools, equipment, and other movable assets.

Customers’ and other third-party claims for bodily injury or property.

Damage resulting from accidents caused by your negligence are covered by general liability insurance.

The Bottom Line Materials, products, equipment, and other property that is transported over land are covered by inland marine insurance.

It developed from sea marine protection, which covers property shipped via ocean.

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