Does Commercial Property Cover Property in Transit?

Usually only to a limited extent. Commercial property may include off-premises coverage, but goods in transit often need inland-marine or cargo insurance for the route, carrier, and shipment. It may offer some extension for property temporarily away from a location, but limits, territory, and covered causes can be narrower than on-site coverage. California’s commercial guide describes inland marine as specialized property coverage primarily addressing business property while in transport, with forms such as trip transit and motor-truck cargo.

Check the property form’s off-premises extension and whether it applies to the route, carrier, and type of goods involved. For regular shipments, ask for an inland-marine or cargo form and review who is insured, valuation, loading and unloading, theft, territory, and deductible.