Only within the small extension the property form gives for property in transit or at another location, and that limit is usually far below the value of a truck full of tools. Inland marine is written to follow the property wherever it goes, which is why contractors’ equipment is an inland marine floater rather than a property add-on.
Related FAQs
It can, once a rented or leased equipment limit is added to the floater. Read the rental agreement first. California law makes a hirer liable only for damage caused ...
Higher-value equipment is scheduled by make, model, serial number and value, each with its own limit, and small tools go under a blanket limit with a per-item cap. Scheduling ...
The commercial property form insures your building and contents at the address on the declarations. Inland marine insures property that moves or sits away from that address: tools on ...
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