Inland Marine / Tools & Equipment
Inland Marine Insurance was first created to cover property traveling across the seas. But as times passed it evolved into covering all materials that are in transit. As a roofer, you have tools that you rely on and the materials to you need to complete the project. Protecting those tools and materials should be the first priority when shopping for business insurance.
Types of goods that Inland Marine Insurance covers include:
- Tools and materials in transit
- Under Construction Buildings
- Technical Equipment and Data
- Accounts receivable
Do you need Inland Marine Insurance?
As a roofer, you are dependent on the tools and equipment that you own. What if you had to operate your business without your tools, it would be near to impossible.
Think of the financial cost of replacing those tools or having to purchase new building materials because the first supply was damaged or stolen. If you are like many roofing companies you do not have the funds to recuperate the cost required to replace everything.