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Inland Marine Insurance in Colorado

Colorado's current inland-marine definition rule gives useful boundaries for two common project risks. A domestic consignment can include goods moving to a buyer, exhibitor, trial user, or auction and goods in another party's custody or being returned, while excluding the consignor's own premises. Builders' and installation risks can include an owner's, seller's, or contractor's interest in machinery, equipment, building materials, or supplies at a worksite, in transit, or temporarily stored for installation, testing, construction, renovation, or repair. This builders' or installation-risk category is limited to policies insuring perils in addition to Fire and Extended Coverage. The rule describes when that coverage ends for the owner and for a seller or contractor. These are classification terms, not a substitute for the actual policy. Map the owner, seller, contractor, each location, and acceptance milestone to the proposed form. 1,2

What Is Tools, Equipment And Inland Marine?

If your business moves equipment between sites or ships goods, inland marine can cover those property exposures; installation and other forms address different property categories. Match the quote to what you own, rent or hold for others. Read the national Tools, equipment and inland marine guide.

What to Watch for in Colorado

  • Check the consignor's premises and return leg

    Colorado's rule includes certain domestic goods away from the consignor's premises while in transit, another's custody, or being returned. It excludes property on premises owned, leased, or operated by the consignor. A stock consignment, trade-show display, or approval sale therefore needs its own route and custody map. 1

  • Tie installation cover to project milestones

    Colorado's rule describes builders' or installation-risk coverage for eligible property at the jobsite, in transit, and in temporary storage during building, testing, renovation, repair, or installation, but limits that category to policies insuring perils in addition to Fire and Extended Coverage. It describes the owner's cover ending upon completion and acceptance, and a seller's or contractor's cover ending when that party's interest ceases. Ask how your policy defines and documents those points. 1

  • Name the parties with a stake in the property

    The Colorado rule addresses coverage for an owner, seller, or contractor in qualifying construction or installation work. Ask which party's financial interest is insured, whose materials are included, and whether a lender, customer, or project owner must be identified. 1

  • Use the form to confirm actual protection

    Colorado's rule establishes a regulatory inland-marine definition applicable to property-and-casualty coverage issued and delivered in Colorado; it is not a coverage grant for an individual project. Confirm the insured property, causes of loss, transit territory, temporary storage, exclusions, and limits in the policy. 1,2

Who Regulates Insurance in Colorado

Colorado Division of Insurance

The Division administers Colorado insurance laws and regulates insurers and insurance producers. You can search producer licenses through Colorado’s official DORA lookup and send insurance complaints to the Division. 3,4,5

Surplus-lines tax and stamping office

Reported tax rate: 3% of net premium When Colorado is the insured’s home state, its surplus-lines tax is 3% of taxable premium. The Colorado Surplus Lines Association says insurer or broker fees charged in connection with the placement are included in the tax base; federal or other-state taxes and examination fees are excluded. For multistate risks, a tax-sharing agreement may allocate premium tax to other states. 6,8,7

Providers With Documented State Licenses

These providers publish a national listing for Tools, equipment and inland marine; the state records document licenses for the entities and roles shown below. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in Colorado. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

  • RisklyticsRisklytics, Inc.Insurance producer · checked 2026-09-28Risklytics’ licensing page lists its Massachusetts resident agency license plus state license records in Arizona, Colorado, Illinois, Indiana, New Jersey, Ohio, Texas and Washington; it identifies the NPN record date as September 10, 2026. This list is company-published and not a product availability map. 14
  • TechInsuranceSpecialty Program Group LLCInsurance producer · checked 2026-09-28TechInsurance’s current licensing page names Specialty Program Group LLC / SPG Insurance Solutions and lists state license numbers, but labels Rhode Island “Individual licenses” rather than identifying a license for the named agency. RI is omitted because this disclosure does not establish agency authority there; this is a search limitation, not an assertion that the company is unlicensed. The remaining state entries are company-reported and are not an insurance product availability map. 15

Questions to Ask Before You Buy in Colorado

  1. Who owns each item during transit, temporary storage, installation, testing, and acceptance, and whose interest does the policy cover?
  2. Does the insured route include trade-show, trial, auction, or customer premises and the return leg, while excluding any gap at the consignor's premises?
  3. What event ends coverage for the owner, seller, or contractor: completion, acceptance, payment, or when that party's financial interest ends?
  4. Are subcontractor materials, customer-supplied property, rented equipment, and temporary storage locations included?
  5. Which property limits, deductibles, causes of loss, and reporting deadlines apply at each project phase?

Tools, Equipment And Inland Marine in Colorado: FAQ

Does Colorado's rule treat consigned goods as covered wherever they are? 1

No. The rule's domestic-consignment description covers specified transit and custody situations and return shipment, but excludes property on premises owned, leased, or operated by the consignor. The policy still determines whether the goods and loss are actually covered. 1

Does installation coverage always continue until the customer accepts the work? 1

No. Colorado's definition rule describes how builders' or installation coverage ends for different parties, including completion or acceptance for the owner and the end of a seller's or contractor's interest. Confirm the contract, policy wording, and applicable milestone. 1

Tools, Equipment And Inland Marine in Other States

Other Coverage in Colorado

Sources

  1. Code of Colorado Regulations, 3 CCR 702-5. Colorado Secretary of State; Division of Insurance; Current Rule 5-1-6 (adopted National Association of Insurance Commissioners Nationwide Inland Marine Definition), §§ 2–3 (PDF pages labeled 8); § 4(A)(3)(a)–(b), “Domestic Shipments” (PDF page labeled 9; reader page 9 of 127); and § 4(A)(6)(i)(1)–(3), “Builders’ Risks or Installation Risks” (PDF page labeled 11; reader page 11 of 127); current rule version accessed Sept. 28, 2026. Accessed 2026-09-28.
  2. Colorado Revised Statutes 2024, Title 10: Insurance. Colorado General Assembly, Office of Legislative Legal Services; § 10-1-109, commissioner rulemaking authority referenced by Rule 5-1-6; official title compilation. Accessed 2026-09-28.
  3. Colorado Division of Insurance. Colorado Department of Regulatory Agencies; Official insurance regulator homepage; DOI oversight and consumer resources. Accessed 2026-09-28.
  4. DORA Online Services. Colorado Department of Regulatory Agencies; Official DORA online services portal; select Online License Verification and insurance profession. Accessed 2026-09-28.
  5. File a Complaint. Colorado Division of Insurance; Official form and instructions for insurance complaints. Accessed 2026-09-28.
  6. HB23-1111: Unauthorized Insurance Premium Tax Rate. Colorado General Assembly; Enacted bill harmonizes unauthorized insurance tax rate at 3%, effective January 1, 2024; parity with surplus-lines rate. Accessed 2026-09-28.
  7. Frequently Asked Questions. Surplus Lines Association of Colorado; FAQ: Colorado home-state tax; fee charged by insurer or broker in connection with placement included in premium base; qualifying federal/other-state taxes and examination fees excluded; commercial exempt policyholder due-diligence exception. Accessed 2026-09-28.
  8. Colorado Revised Statutes, Title 10 (2024). Colorado General Assembly, Office of Legislative Legal Services; C.R.S. § 10-5-111.5, surplus-lines premium tax and home-state application. Accessed 2026-09-28.
  9. Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
  10. Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
  11. Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
  12. About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
  13. Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
  14. About Risklytics. Risklytics; What we do; Who we insure; Licensing; Agency licenses table dated 2026-09-10. Accessed 2026-09-16.
  15. Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
  16. Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Updated .

This guide is informational and does not determine whether a policy is available or meets your needs. Editorial policy. To suggest a correction, contact Spot with a supporting source.

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