Coverage guidance updated: October 10, 2026.
Inland Marine Insurance Coverage in Greenville, SC
Scheduled items are listed individually with their own insured values and limits. A blanket form covers a category up to a policy limit. Compare the schedule, valuation, deductible and exclusions with the property you need to insure.
Contractor Equipment and Tools Coverage
The most common inland marine policy we write for Greenville contractors is a contractor equipment floater, sometimes called a tools and equipment floater. It covers tools, machinery, scaffolding, generators, and other gear while at the job site, in transit between sites, or stored temporarily. The floater follows the tools wherever they go. Without it, a stolen toolbox or a destroyed welder on a job site is often not covered by general liability or commercial property.
Motor Truck Cargo Coverage for SC Truckers
Motor truck cargo insurance can cover customers’ goods while your business transports them, subject to policy terms. FMCSA cargo insurance requirements apply to household goods carriers and freight forwarders of household goods. Other shipper or broker contracts may request cargo insurance; review the actual goods, limits and contracts.
Installation Floater for Contractors and Installers
An installation floater covers materials and equipment being installed by a contractor until the project is accepted by the owner. HVAC, electrical, plumbing, solar, and millwork contractors all use installation floaters to cover the gap between when materials leave the supplier and when the customer formally accepts the installed work. Without it, a stolen rooftop unit or a damaged solar array on the day of install can fall outside both builders risk and general liability.
Bailee Coverage, EDP, and Fine Arts Floaters
Several other inland marine forms exist for specific business types.
- Bailee’s coverage covers customer property in your care, custody, or control. Dry cleaners, repair shops, storage facilities, and watchmakers carry bailee coverage so when a customer’s property is damaged or stolen while in their possession, the business has a policy to respond.
- Electronic data processing (EDP) covers computers, servers, software, and data against perils that a commercial property policy may exclude or sublimit, including power surges and certain accidental losses.
- Fine arts floater covers art, antiques, and museum pieces against an all-risk form with agreed value rather than depreciated value.
- Jewelers block covers jewelry inventory in retail and in transit; jewelers carry it as a stand-alone policy that bundles property, fidelity, and transit coverage.
How Much Inland Marine Insurance Costs
There is no dependable flat range for contractor equipment, motor truck cargo, EDP, or bailee coverage. Pricing depends on the property schedule, cargo or customer-property exposure, transit, storage, security, limits, deductible, contracts, claims history, and carrier.
Inland Marine vs Commercial Property Insurance
Commercial property insurance may include some off-site coverage. Check its limits before adding inland marine coverage for property that travels or is held for customers.
Types of Inland Marine Insurance Policies
Inland marine is a category, not a single policy. Each business type uses a specific form that fits how its property moves and who handles it.
| Coverage | What It Covers | When It Matters |
|---|---|---|
| Contractor Equipment Floater | Tools, machinery, generators, scaffolding while on the job, in transit, or in temporary storage | Contractors whose tools leave the insured premises |
| Installation Floater | Materials and equipment being installed until the owner accepts the work | HVAC, electrical, plumbing, solar, millwork install jobs |
| Motor Truck Cargo | Goods hauled by for-hire trucks or delivery vehicles | Trucking companies, delivery businesses, e-commerce fulfillment |
| Bailee’s Coverage | Customer property in your care, custody, or control | Dry cleaners, repair shops, storage facilities |
| Electronic Data Processing (EDP) | Computers, servers, software, and data against surge and accidental loss | Offices, IT services, professional firms |
| Fine Arts Floater | Art, antiques, museum pieces, on an agreed-value basis | Galleries, collectors, scheduled valuables |
| Jewelers Block | Jewelry inventory in retail and in transit | Jewelers, watchmakers, repair shops |
Source: Insurance Information Institute. Inland marine forms vary widely by carrier; we walk you through the specific schedule and exclusions before binding.
What Affects Inland Marine Premium in Greenville
Six factors move inland marine pricing. The total scheduled value matters, but transit exposure and storage security can also materially change underwriting and premium.
Frequently Asked Questions
How much is inland marine insurance in South Carolina?
A Greenville contractor equipment floater needs a current quote using the equipment schedule and actual operations. Motor truck cargo coverage for a single-truck operation needs a current quote using the cargo, radius, vehicle, limits, deductible, contracts, and claims history. EDP and bailee policies price on the specific schedule. The Morgano Agency compares inland marine quotes across Travelers, Liberty Mutual, The Hartford, Auto-Owners, Nationwide, and other carriers to find the best fit.
Do I need inland marine if I have commercial property insurance?
What does inland marine insurance cover?
Inland marine covers high-value movable business property: contractor tools and equipment, computers and servers, customer property in your care, property in transit on land, fine art, scheduled valuables, and installation materials. It also covers specialized exposures like motor truck cargo, jewelers block, and bailee coverage. Coverage is broad (all-risk on most forms) but every form has its own exclusions, so we walk you through the schedule before binding.
Is inland marine the same as cargo insurance?
Motor truck cargo is one type of inland marine policy. Inland marine is the broader category that also includes contractor equipment floaters, installation floaters, bailee coverage, EDP, fine arts, and other forms. So all motor truck cargo policies are inland marine, but not all inland marine policies are cargo policies.
Does inland marine cover tools stolen from my truck?
Yes, a contractor equipment floater covers tools and equipment stolen from a job site, a vehicle, or temporary storage. The policy follows the tools wherever they go. Most carriers require a list of scheduled items above a certain value ($1,000 to $2,500 per item is typical) and a blanket limit for smaller hand tools. We help build the schedule during the quote.
How is inland marine different from builders risk?
Builders risk covers the building under construction itself, including installed materials. Inland marine covers movable property: the contractor’s tools used to build it, the materials being installed before they become part of the building, the customer’s belongings sitting in a repair shop. The two policies routinely live together on a construction project.
Can I add inland marine to my Business Owners Policy (BOP)?
Some BOPs include limited inland marine coverage, often a small blanket limit for accounts receivable, valuable papers, and contractor tools. For meaningful tool and equipment limits, dedicated cargo, or specialty exposures like bailee or jewelers block, you usually need a separate inland marine policy in addition to the BOP. The Morgano Agency can quote both together so the package is sized right for the business.
Get an Inland Marine Insurance Quote in Greenville, SC
Call (864) 609-5285 or request a quote online. Independent agency, multiple insurance carriers, Greenville-based.
Related coverage: see our Business Insurance overview, General Liability, Commercial Auto, or Builders Risk Insurance.
The Morgano Agency Inc
206B Pine Knoll Dr, Greenville, SC 29609
(864) 609-5285
Monday through Friday, 9:00 AM to 5:00 PM