Get Started

Inland Marine Insurance in Kentucky

Kentucky’s State Fire and Tornado Fund policy for fiscal year 2026 distinguishes permanent inland-marine property that leaves its reported location from temporary coverage that must be requested in advance. In that state program, items above $10,000 require scheduling, and fine-art, temporary and transit cover must be scheduled regardless of value. Kentucky’s regulation for Kentucky TECH schools separately places remotely stationed equipment under the fund’s floater clause and insured industry-loaned equipment under the state’s inland-marine policy; covered equipment is inventoried annually. Those terms apply to the Commonwealth’s program and named schools, not private businesses. Public institutions should classify owned, borrowed and portable items before relying on the state program. 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 Kentucky

  • Follow the state fund’s separate schedule triggers

    For Commonwealth property under the FY2026 fund policy, items over $10,000 need a schedule, and fine art, temporary cover and transit cover must be scheduled regardless of value. Public-program users should list item values, dates and trips before requesting cover; those triggers do not set limits for private commercial policies. 1

  • Identify industry-loaned school equipment

    Kentucky TECH’s rule directs insured equipment on loan from industry to the Commonwealth’s inland-marine policy, while remote-location equipment uses the fund’s floater clause. A school should record who owns each item, where it is normally stationed and which department insures the loan before it moves. 2

  • Reconcile the inventory with the insurance schedule

    The Kentucky TECH regulation calls for annual inventory and tracks property acquired with state or federal funds at the stated threshold. Compare that inventory with the current schedule for serial numbers, loan status, remote locations and transit; an inventory entry alone is not proof of insurance. 2,1

Who Regulates Insurance in Kentucky

Kentucky Department of Insurance

The Kentucky Department of Insurance licenses agents and insurers, monitors the insurance market, and accepts complaints about insurance companies and agents. You can use its state lookup or complaint service to check a license or raise an insurance issue. 3,4,5

Surplus-lines tax and stamping office

Reported tax rate: 3% on Kentucky-home-state premiums and other premium consideration; separate 1.8% surcharge on eligible risks located in Kentucky, subject to statutory exceptions; applicable local-government premium tax may also apply When Kentucky is the insured's home state, the state tax is 3% of premium and other consideration treated as premium; local-government premium taxes may also apply. A separate 1.8% surcharge generally applies to Kentucky risks, but state law exempts multistate nonadmitted risks and specified government and nonprofit premiums. The broker must make a diligent effort to place coverage with an admitted carrier before using surplus lines. 6,9,7,8,10

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 Kentucky. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

  • 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. 16

Questions to Ask Before You Buy in Kentucky

  1. Is the item Commonwealth property, school equipment bought with public funds, a loan from industry, or contractor-owned gear?
  2. Does the current state program require the item to be scheduled by value or because it is temporary, fine art or in transit?
  3. Is the equipment stationed remotely, and which floater or inland-marine policy is assigned by the governing program?
  4. Does the annual inventory match policy schedules and include loan terms, serial numbers and return dates?

Tools, Equipment And Inland Marine in Kentucky: FAQ

Does Kentucky’s $10,000 schedule threshold apply to private-business inland-marine policies? 1

The threshold is in the Commonwealth’s FY2026 State Fire and Tornado Fund policy for property owned by the Commonwealth. A private business should use its own declarations and policy terms. 1

Does Kentucky TECH’s inland-marine rule apply to every contractor loan or business? 2

No. The regulation addresses career and technical education equipment at Kentucky TECH schools, including insured equipment loaned from industry. Other owners and agreements need their own coverage terms. 2

Tools, Equipment And Inland Marine in Other States

Other Coverage in Kentucky

Sources

  1. Commonwealth’s Property & Casualty Insurance Fund Policy, Fiscal Year 2026. Kentucky Finance and Administration Cabinet, Office of the Controller, Division of State Risk Insurance Services; Inland Marine Coverage Section, PDF p. 5; Commonwealth property categories, $10,000 schedule rule and required scheduling for fine art, temporary and transit cover. Accessed 2026-09-28.
  2. 780 KAR 7:060: Equipment Inventory and Insurance. Kentucky Legislative Research Commission; Sections 2–3; inventory threshold, annual inventory, remote-location floater clause and industry-loaned equipment; certified effective August 7, 2023 through August 7, 2030. Accessed 2026-09-28.
  3. Kentucky Department of Insurance. Kentucky Department of Insurance; Homepage and consumer telephone. Accessed 2026-09-28.
  4. Insurance License Lookup. Kentucky Department of Insurance; State-designated producer/company search. Accessed 2026-09-28.
  5. File an Insurance Complaint. Kentucky Department of Insurance; Official DOI consumer complaint page accepts complaints involving general liability and disputes with insurers, agents or adjusters. Accessed 2026-09-28.
  6. KRS 304.10-180. Kentucky General Assembly; KRS 304.10-180(1): Kentucky-home-state; 3% applies to premiums, assessments, fees, charges or other premium consideration; local premium tax is separate. Accessed 2026-09-28.
  7. Local Government Premium Taxes. Kentucky Department of Insurance; Current local tax schedules. Accessed 2026-09-28.
  8. KRS 304.10-090. Kentucky General Assembly; KRS 304.10-090 requires policy notice that nonadmitted insurer is not a Kentucky Insurance Guaranty Association member and its benefits are unavailable upon insolvency. Accessed 2026-09-28.
  9. KRS 136.392. Kentucky General Assembly; KRS 136.392(1),(5)-(6): $1.80 per $100 on premium/other charges for Kentucky risks; named government/nonprofit exceptions; multistate nonadmitted risks exempt. Accessed 2026-09-28.
  10. Surplus Lines. Kentucky Department of Insurance; Full page states licensed surplus-lines brokers must make a diligent effort to place with an admitted carrier before exporting coverage. Accessed 2026-09-28.
  11. Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
  12. 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.
  13. 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.
  14. 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.
  15. 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.
  16. 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.
  17. 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.

Get Help With Insurance Buying and Renewals.

Get help buying coverage and managing renewals, with less paperwork for your team. Start with a free consultation.

Talk to Spot