Inland Marine Insurance (also known as Scheduled Personal Propety or Personal Articles) is designed to protect your valuable and priceless possessions for which your homeowner insurance coverages may have a coverage limit.
Inland Marine items often include:
- Fine art
If you are an avid art collector, wine connoisseur or simply own other valuables that need protection, this insurance coverage is a must. It is important to take the necessary precautions and insure your most precious possessions with customized floaters, or Inland Marine policy coverages.
Purchasing this protection provides you with the broadest coverage against most types of losses for special items on a worldwide basis, including mysterious disappearances. You can purchase scheduled personal property coverage through your insurance agent by determining an agreed upon value of a given item PRIOR to a loss.
In most cases, a deductible does not apply to this type of coverage.