Transit Coverage - inland marine coverage on the insured’s property while in transit over land from one location to another.
All Risks Coverage#
Property insurance covering losses arising from any incidental cause, except those specifically excluded. This is different from named risk coverage, which only applies to…
- Domestic or marine insurance for property in transit.
- An inland maritime property insurance policy that covers personal property wherever it is located within the policy area.
Inland Marine Coverage#
- Insurance of property moving on land, certain types of movable property, vehicles (such as bridges, roads and wharves), means of communication.
First party insurance which indemnifies the owner or user of property for his loss or loss of his ability to generate income when the loss or damage is caused…