inland marine insurance

Definition of "inland marine insurance"
  1. A type of coverage that helps protect against damage or loss of property being transported domestically, equipment used for transportation or communication, and personal belongings
How to use "inland marine insurance" in a sentence
  1. The company took out an inland marine insurance policy to protect their expensive equipment during cross-country transport.
  2. After several pieces of her art collection were damaged during relocation, she decided to get inland marine insurance for future moves.
  3. Due to the high cost of the machinery used in their daily operations, the firm decided that an inland marine insurance policy was a worthwhile investment.

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