What types of personal property are typically covered under Personal Inland Marine Insurance?

Personal Inland Marine Insurance is designed to protect personal property that is mobile or that travels. This type of insurance is particularly relevant for items that are often not well-covered by standard homeowners or renters insurance due to their portable nature.

Jewelry, furs, and coins fall under this category as they are valuable, personal property that individuals may carry or transport, and they can be vulnerable to loss, theft, or damage while away from home. Personal Inland Marine Insurance addresses this need by offering coverage that extends beyond the limitations of traditional property insurance, usually providing a broader scope that includes these specific items.

Other categories, such as cars, trucks, and trailers, are typically covered under auto insurance rather than inland marine insurance. Similarly, household goods and furniture are generally covered under a homeowner's policy, and commercial equipment and machinery would fall under different business insurance products rather than personal inland marine policies.