Construction Insurance

Construction Insurance for Inland Marine Risks

The construction industry demands precision, adaptability, and robust protection at every phase of a project. Our Inland Marine Construction coverage is designed to safeguard the critical assets that keep projects on track, from heavy machinery to essential materials and specialized equipment.

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Inland Marine

Inland Marine Insurance is designed to cover property in transit, movable assets, and specialized equipment that are not confined to a fixed location.

Coverage Highlights

IAT’s Construction coverage options are tailored to meet the unique challenges of the construction industry, offering broad protection for risks associated with job sites, transportation, and storage. We provide the flexibility to customize coverage, ensuring contractors have the right level of protection for their specific projects. Coverage includes:

Partner with IAT Insurance Group

By partnering with IAT Insurance Group, you gain access to deep industry expertise and flexible, customized coverage options that address the specific needs of construction companies. Our commitment to understanding the intricacies of the construction industry enables tailored solutions that help businesses build with confidence.

Our employees specialize in this industry and welcome the opportunity to partner with the agent and/or insured through our dedicated risk control and claim services, to provide solutions.

Frequently Asked Questions

Inland Marine Construction Insurance is a specialized type of commercial insurance that protects construction projects, equipment, and materials wherever they are—whether in transit, stored off-site, or at the job site. This coverage extends to projects under construction, light to heavy off-road equipment, property away from your premises, and building materials used in construction or installation.


Unlike standard property insurance, which is typically location-specific, inland marine policies are designed to follow your assets wherever they go, with coverage that can be customized to match the unique needs of your operations.

Inland Marine Construction Insurance is essential for any business involved in construction activities—whether completing full projects, performing specialized trades, or providing equipment and services to the industry. This coverage protects those who build, install, repair, or supply the construction sector, including:

  • General Contractors – managing projects from start to finish
  • Subcontractors – performing a specific trade as part of a construction project. This could also be offered on a one-off basis (not affiliated with a larger project)
  • Construction Companies – during the development and construction of a planned project
  • Equipment Dealers & Rental Operations – whose inventory is frequently leased or rented out to third parties
  • Property Owners – who chose to purchase insurance coverage for their property

Inland Marine Construction Insurance may be needed when:

  • Contractual obligations require it – Your contractor agreement or project contract specifies coverage as a condition of the work
  • Lenders or project owners mandate it – Financial institutions or property owners require proof of coverage for builder's risk or equipment protection
  • Coverage gaps exist in standard policies – Your property or business owner's policy doesn't cover assets while off-site, in transit, or at job sites
  • Your business model depends on mobile assets – When the value of your equipment, materials, or work-in-progress represents significant financial exposure that could impact operations if lost or damaged

Premium costs vary widely based on several key factors:

  • Project or equipment value – Higher values mean higher premiums
  • Scope of coverage – The perils covered (fire, theft, weather, etc.) and policy limits
  • Risk profile – Your claims history, loss control measures, and type of operations
  • Geographic location – Exposure to weather events, theft rates, and regional risks
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