'Inland marine' insurance for a contractor most commonly covers:
Explanation
Contractor's inland marine — the equipment floater and installation floater — covers movable property while it travels and while it sits at a jobsite, which ordinary fixed-location property policies will not follow. (a) is the owner's permanent property insurance, which takes over where builder's risk ends. (b) is workers' compensation; the tools are incidental to who was hurt. (c) is commercial general liability. The common thread among the wrong answers is that each is a real policy a contractor carries, which is what makes placing the loss the skill being tested.
This topic, taught in full in the CSLB Law & Business guide. CSLB Law & Business — Complete Study Guide (2026) — PDF + EPUB, $24.99 · 14-day refund →
Practice all 1632 questions free — no signup required.
Own the complete CSLB Law & Business guide — PDF + EPUB, $24.99 →
Related questions on this topic
- A subcontract requires 'primary and noncontributory' coverage when the sub names the GC as additional insured. That means the sub's policy should:
- On a private project with no notice of completion or cessation recorded and the work simply finished, ALL claimants (direct contractor, subs, and suppliers alike) have how long to record a lien?
- Why might an owner prefer that the general contractor obtain a payment bond rather than rely solely on the contractor to pay subs?
- An equipment rental company rents a crane to a subcontractor on a private project. To preserve a mechanics lien for unpaid rent, it should:
- The primary function of a 'certificate of insurance' in the contracting process is to allow one party to:
- Under California's workers' compensation system, an employee injured on the job generally receives benefits:
Last reviewed: · editorial process