Mississippi Inland Marine Insurance: Shipments and Jobsite Equipment

Mississippi Insurance Department Rule 2.04 reprints nationwide-definition subclasses for inland marine. Consigned domestic shipments may be covered in transit, in another's custody, and while being returned, but not while on premises the consignor owns, leases, or operates. Builders' risk and installation risks are in that class only when the policy covers perils in addition to fire and extended coverage. A separate checklist says a company that has developed manual rates for an inland marine class should make an informational filing.

What Is Inland Marine Insurance?

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 Should You Watch for With Inland Marine Insurance in Mississippi?

Consignor Premises Are Outside the Consignment Class
Rule 2.04 says domestic shipments on consignment are covered in transit, in the custody of others, and while being returned, and in no event while on premises owned, leased, or operated by the consignor. Tell the insurer who holds the goods at each stop. The rule is a classification boundary, not a promise that your policy pays. ¹
Ordinary Shipments Stop at the Buyer’s Premises
Domestic shipments that are not on consignment must involve transportation hazards, begin and end in the United States, and are not covered at manufacturing premises or after arrival at premises owned, leased, or operated by the assured or the purchaser. Ask when transit cover ends if the goods sit in your warehouse after delivery. ¹
Installation Floaters Need More Than Fire and Extended Coverage
The builders' risk and installation class covers the owner, seller, or contractor interest in machinery, equipment, building materials, or supplies during installation, testing, building, renovating, or repairing, including the work site, transit, and temporary storage, only where perils in addition to fire and extended coverage are insured. Owner coverage ceases on completion and acceptance. Seller or contractor coverage ends when that interest ceases. ¹
Manual Rates Are an Informational Filing
The Department checklist says rates, rules, and forms need not be filed for inland marine risks that by general custom are not written to manual rates or rating plans. Its position is that a company with developed manual rates for a class should make an informational filing, stamped Acknowledged and Filed, with no filing fee. Guaranteed auto protection, credit property, collateral protection, and involuntary unemployment are not inland marine for that checklist. The posted rule still refers to the 2011 code revision. ²

Which Inland Marine Providers Have Mississippi License Records?

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

TechInsurance
Insurance producer · checked 2026-09-28
Specialty Program Group LLC
TechInsurance’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
TechInsurance arranges inland marine coverage for contractors’ tools and equipment.

Who Regulates Insurance in Mississippi?

Mississippi Insurance Department

The Mississippi Insurance Department licenses agents and companies, enforces state insurance laws, and investigates insurance complaints. You can use its state lookup or complaint service to check a license or raise an insurance issue. ^3,^4,⁵

Website: Regulator website
License lookup: Search licensed producers
Complaints: File a complaint
Phone: 800-562-2957

Surplus-Lines Tax and Stamping Office in Mississippi

Reported tax rate. 4% premium tax and 0.25% stamping fee on gross premium and policy fees when Mississippi is the insured's home state; MSLA says do not report if Mississippi is not the home state unless 100% of premium is allocated to Mississippi. A separate 3% MWUA fee applies to gross premium and policy fees except residential flood and earthquake. ^6,^7,^8,^9,¹⁰

For policies quoted or bound on or after July 1, 2017, Mississippi no longer requires a general diligent search before surplus-lines placement. If Mississippi is the insured's home state, the published charges are 4% premium tax and a 0.25% stamping fee on gross premium and policy fees, plus a separate 3% MWUA fee except for residential flood and earthquake; Mississippi's required policy notice says a nonadmitted insurer is not protected by the Mississippi Insurance Guaranty Association if it becomes insolvent.

Mississippi Surplus Lines Association

Questions to Ask Before You Buy Inland Marine in Mississippi

For each shipment, is it on consignment, and is it ever on the consignor's premises?
Does the installation form insure perils beyond fire and extended coverage, and whose interest ends at acceptance?
Are highway vehicles excluded from the mobile-articles floater you were quoted?
Are bailee customers' goods covered at your premises, or only in transit?

Inland Marine Insurance in Mississippi: Frequently Asked Questions

Does Mississippi’s consignment class cover goods stored at the consignor’s warehouse?

No. Rule 2.04's consignment subclass excludes property while it is on premises the consignor owns, leases, or operates. That is a classification rule, not a reading of your policy. ¹

Is guaranteed auto protection inland marine in Mississippi?

No. The Department checklist says guaranteed auto protection, credit property, collateral protection, and involuntary unemployment insurance are not inland marine for its filing table. ²

Sources for Inland Marine Insurance in Mississippi

1
Part 5, Chapter 2, Rule 2.04 Inland Marine (FR 68-1). Mississippi Insurance Department; Paragraphs 3.a–3.b, 6.i, 6.j, and 6.k; document cites the 2011 code revision. Accessed 2026-09-29.
2
Review Requirements Checklist. Mississippi Insurance Department; Inland marine row: Miss. Code Ann. § 83-2-7 and informational filings. Accessed 2026-09-29.
3
Mississippi Insurance Department. Mississippi Insurance Department; Homepage and consumer/licensing services. Accessed 2026-09-28.
4
Insurance License Lookup. Mississippi Insurance Department; State-designated producer/company search. Accessed 2026-09-28.
5
File an Insurance Complaint. Mississippi Insurance Department; State complaint process and contact. Accessed 2026-09-28.
6
E-Pay Frequently Asked Questions. Mississippi Surplus Lines Association; Current MSLA E-Pay FAQ, question 'What are the current rates...' (lines 112–116): 0.25% stamping fee and 4% premium tax, both on gross premium and policy fees. Accessed 2026-09-28.
7
E-Pay Frequently Asked Questions. Mississippi Surplus Lines Association; Current MSLA E-Pay FAQ, lines 112–118: MWUA nonadmitted policy fee 3% on gross premium and policy fees, excluding residential flood and earthquake. Accessed 2026-09-28.
8
Insurer FAQs. Mississippi Surplus Lines Association; Current MSLA insurer FAQ, question 'What is a Home State?...' (lines 90–92): defines insured's home state under NRRA; directs no Mississippi reporting if Mississippi is not home state unless 100% of premium is allocated to Mississippi; MS-home-state written premium is reported. Accessed 2026-09-28.
9
Mississippi Department of Insurance Bulletin 2017-3. Mississippi Insurance Department; Issued May 12, 2017; page 1, visually verified: HB 447 removed the diligent-search requirement; on/after July 1, 2017 producers need not conduct a diligent search before placement and bulletin applies to policies quoted/bound on/after that date. Page 2, visually verified: required policy notice states policy is not protected by MIGA upon insurer insolvency; page 2 also withdraws Bulletins 2012-4 and 2015-5. Accessed 2026-09-28.
10
Mississippi Department of Insurance Bulletin 2017-3. Mississippi Insurance Department; Issued May 12, 2017; page 1, visually verified: after HB 447, no general diligent search is required for policies quoted or bound on/after July 1, 2017; not an ECP-only exception. 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.

Mississippi Inland Marine Insurance: Shipments and Jobsite Equipment

What Is Inland Marine Insurance?

What Should You Watch for With Inland Marine Insurance in Mississippi?

Consignor Premises Are Outside the Consignment Class

Ordinary Shipments Stop at the Buyer’s Premises

Installation Floaters Need More Than Fire and Extended Coverage

Manual Rates Are an Informational Filing