Insurance & LiensQuestion 1548 of 1605
'Inland marine' insurance for a contractor most commonly covers:
a.The completed building against fire after occupancy
b.Employee injuries
c.Third-party bodily injury
d.Tools, equipment, and materials in transit or at a jobsite (movable property)
Explanation
Contractor's inland marine (often 'contractor's equipment' or 'installation floater') coverage protects movable property such as tools, equipment, and materials while in transit or temporarily at a jobsite. It fills gaps that fixed-location property policies do not address.
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Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)