Inland Marine Insurance for Texas Contractors
Protect your tools, equipment, and materials wherever your work takes you.
Average Cost: 1% – 3% of equipment value/year for Texas contractors
What is Inland Marine Insurance?
Inland marine insurance (often called a contractor's equipment floater or tools floater) covers your tools, equipment, and materials while they are in transit, at job sites, or in temporary storage. Unlike commercial property insurance that only covers items at a fixed location, inland marine follows your property wherever it goes — which is essential for contractors who move equipment between multiple job sites.
Why Texas Contractors Need Inland Marine Insurance
Covers tools and equipment at job sites, in transit, and in storage
Protects expensive construction equipment from theft, damage, and loss
Covers materials and supplies being transported to job sites
Not covered by standard commercial property or auto policies
Essential for contractors with valuable portable equipment
Covers rented or leased equipment you're responsible for
What Does Inland Marine Insurance Cover?
Contractor's tools and equipment
covers owned tools and equipment
Rented/leased equipment
covers equipment you're responsible for
Materials in transit
covers building materials being transported
Installation floater
covers materials during the installation process
Electronic data processing
covers computers and electronic equipment
Valuable papers
covers blueprints, plans, and important documents