Marine insurance is a bit of a misnomer in that the insurance covers things that are transported in a variety of ways and not just by water. It can also include the warehousing of these items as well, and all of it can be covered properly when you work with Concise Solutions Insurance.
Ocean marine insurance and inland marine insurance essentially do similar things, it’s just the location of the goods being transported that matters. The amount invested in those things that you are storing or transporting is staggering, and protecting that investment is smart business.
Talk with our team to learn more about getting the right marine insurance in Santa Clara, Fremont, Hayward, Berkeley, San Francisco, Oakland, and throughout the Bay Area.
If your business is in possession of the property of others or moves goods and products, you are an ideal candidate to get inland marine insurance. Think about the transport of needed building materials for an apartment complex or a commercial building and the materials get destroyed, stolen, or otherwise don’t make it to the job site. No one wants to absorb that cost, and that’s why having inland marine insurance is important to protect against these losses.
There are many insurance policies that would fall under the inland marine insurance banner. Builders risk, for example, provides protection for the construction materials and various equipment from damage, theft, etc. Transportation of those goods and equipment can also be covered with motor truck cargo insurance, which also falls under the inland marine insurance banner. The Hartford Insurance partner can provide our customers with the right coverage for any situation.
There are thousands of different products that are shipped over water, whether that is across the oceans or by barge down rivers. While most arrive when and where they should, sometimes cargo is lost at sea from large storms. Having insurance for these situations from Travelers Insurance helps to recover the funds so that more orders can be placed. Accidents can happen on any waterway, and the damage could be severe enough to affect the cargo being carried. Ocean marine insurance helps to cover these issues that could otherwise bankrupt a business.
Protecting equipment, products, and more as they are being transported from place to place keeps things from really going haywire and causing projects to go under.
Contact our team at Concise Solutions Insurance today to understand your options when it comes to marine insurance in Santa Clara, Fremont, Hayward, Berkeley, San Francisco, Oakland, and throughout the Bay Area.
