The construction business is changing rapidly. More goods are being handled and stored than ever before, and project costs are growing. It’s important to secure the right type of insurance coverage to keep your business protected. That’s where Nationwide’s Inland Marine comes in. Inland Marine insurance, also known as property in transit insurance, gets its name from insuring the transportation of goods over water. Over the years, inland marine coverage has expanded to also cover goods in transit on land.
We understand your unique Inland Marine insurance needs. From our highly competitive pricing structure to our diverse portfolio of products and endorsements and our extensive underwriting experience, business owners like you turn to us to safeguard their business.
Key Inland Marine coverages
Builder's Risk
Our coverage is designed to protect construction projects through every phase. This includes buildings under construction or renovation, temporary job site structures, building materials in temporary storage and debris removal.
Contractor's Equipment
Our coverage offers the protection needed for machinery and equipment, whether owned, rented, leased or borrowed. This includes coverage for large equipment needs, loss of equipment expenses and rental costs, debris removal and pollutant cleanup.
Installation Floater
Our floater provides builders broad all-around property coverage. It may include property in transit to the job site, awaiting installation, or property that’s temporarily stored at a location the builder neither owns nor operates.
Additional Inland Marine coverages
Bailees coverage
Contractors Advantage/Contractors Advantage Plus
Electronic data processing (EDP)
Equipment sales and rental
Fine arts
Leased and rented equipment
Medical diagnostic equipment floater
Scheduled property floater
Motor truck cargo
Riggers' liability
Warehouse legal liability
large pipe drains
When you're covered with Nationwide, you can expect:
Coverages that can be tailored to you with convenient pay plans
Quick turnaround times on quotes
Inland Marine-specific expertise and support from Loss Control Services and Claims professionals