Inland Marine vs. Equipment Floater: What’s the Difference?
An equipment floater covers described tools or machinery; other inland-marine forms address cargo, installation materials, and other property.
The equipment schedule, ownership, off-site territory, transit, theft conditions, and breakdown exclusions determine what an equipment floater protects.
Tell the broker what property moves and where it goes so the quote fits the exposure.
Coverage Guides Related to Inland Marine Insurance
Sources for This Answer
- Commercial Insurance Guide. California Department of Insurance; Property Insurance; Commercial Property; Inland Marine; Boiler and Machinery. Accessed 2026-09-25.
- Inland Marine Policy: Contractors’ Equipment. Markel American Insurance Company / American Association of Insurance Services; hosted by Florida Department of Management Services; PDF p.8 declarations; attached Contractors’ Equipment printed pp.1–13 (PDF pp.18–30); replacement-cost endorsement PDF p.34. Accessed 2026-09-25.