PGU – Floaters
Inland marine insurance policies, or floaters, are policies that cover goods that are frequently in transit. If youre a contractor, for example, materials and equipment that are in transit to your jobsite could be covered. If there are items you load or unload from a truck every day, odds are youre a good candidate for an inland marine insurance policy.
Do you need Inland Marine Insurance?
It could very well be that a floater policy is essential to your business. Many of the items you use regularly in your business may not be covered by other property policies. These include computer equipment and data that may be vital to your company. It could also mean artwork, shipped packages, building materials or any number of other types of goods.
If your company services the property of others, your floater policy can often cover those items in the event of loss or damage. The intricacies of inland marine insurance can be complicated and confusing, so if you think it may be the right option for you, or if youd just like to know more, contact a PGU Insurance representative today to discuss the options.