What Insurance Covers Business Equipment Off Premises?
Inland marine insurance, often called an equipment floater, covers business equipment away from your premises; commercial property usually covers only your listed locations.
Inland marine insurance covers equipment you take off your premises, such as laptops at a client site or tools at a temporary office. Commercial property insurance usually covers only the locations listed on the policy, though some forms add a small off-premises extension.
If you regularly move equipment, an equipment floater is the safer choice. Give the insurer a list of items and values that matches what you actually carry.
Before you buy, check the territory, any restriction on theft from unattended vehicles, whether customer-owned property is included, and the per-item limit.
