What does inland marine insurance typically cover?

Inland marine insurance is designed to provide coverage for property that is not fixed to one location and is often in transit. This type of insurance can include a variety of risks, such as goods being shipped across land, personal property taken on trips, or specialized types of property like equipment used in mobile operations. It is specifically tailored to cover items while they are moving from one place to another rather than covering ocean transport, which would fall under marine insurance instead.

The coverage provided by inland marine insurance addresses the unique needs arising from property moving across different locations, recognizing that this property could be vulnerable to loss or damage in transit. The option highlighting property in transit, excluding ocean transportation, accurately reflects this aspect of inland marine insurance.