HUB International vs Risklytics: How Do They Compare for Inland Marine Insurance?

HUB says most inland marine policies carry a deductible and a stated coverage limit, and warns that claiming a loss beyond the policy's coverage limit can lead to penalties, but the reviewed pages do not publish specific deductible or limit amounts. ²Company-reported. Glossary page policy-structure description; actual deductibles and limits are set on the quote and declarations.

Risklytics says the typical ask is each unit listed and insured for its replacement cost, rather than a single blanket dollar figure. ³Company-reported. Lines page; actual limits are set on the bound policy.

HUB's marine page directs prospective clients to "Connect With a Broker" or contact a HUB marine insurance specialist rather than an online quote or bind flow. ¹Company-reported. Marine product page call-to-action text.

You start Risklytics Equipment (Inland Marine) Insurance through Risklytics' online application. Risklytics says there is no broker fee on top of the premium and a licensed producer stays on the file until the program binds; its commission is paid by the carrier out of the premium either way. ^5,4Company-reported. Pricing page describes the general application and fee process, not a line-specific form.

HUB's glossary defines inland marine insurance as domestic coverage that protects business property, such as equipment, machinery or products, while it is transported over land by truck or train, used at a job site, or stored in a warehouse, including specialized items a standard business owner's policy would not cover. ²Company-reported. Glossary page definition; the issued policy's schedule of covered property and exclusions controls an actual claim.

HUB lists trade show exhibits, cargo items, sales samples, communication equipment, medical equipment, computer systems and photography equipment as examples of property commonly insured under an inland marine policy. ²Company-reported. Glossary page property examples; a specific policy's covered-property list is set on the quote and declarations.

HUB says inland marine policies can cover perils including fire, hail, theft, water damage and wind, plus accidental damage and mysterious disappearance of covered property. ²Company-reported. Glossary page peril list; coverage for a specific peril depends on the policy form and endorsements.

HUB's marine practice groups inland marine alongside related marine coverages it arranges, including marine cargo insurance, stock throughput insurance, protection and indemnity, charterers' liability and hull and machinery liability. ¹Company-reported. Marine product page tailored-solutions list; not every listed coverage applies to a given inland marine client.

Risklytics frames this as the robotics-specific line, covering equipment damaged or stolen away from the company's own premises, such as a demo unit crushed at a customer's warehouse or a crated robot stolen in transit, and distinguishes it from general liability, which would cover a bystander injured by the same robot rather than damage to the unit itself. ³Company-reported. Lines page; the issued policy and declarations control actual coverage.

HUB brokers inland marine insurance through its marine insurance practice, drawing on what it describes as relationships with domestic and international insurance carriers rather than underwriting the coverage itself. ¹Company-reported. Marine product page; neither reviewed page names a specific issuing insurer for inland marine.

Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Equipment (Inland Marine) Insurance with outside carriers; it says it does not underwrite policies itself. ⁴Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line.