Scheduled Property Coverage
Formally "Inland Marine" Coverage
Scheduled Property coverage, formerly known as Inland Marine coverage, is designed to provide a very broad coverage for specific items of higher value. Typically, this type of protection is utilized to cover items such as copy machines and leased or high-cost office equipment.
The types of loss covered include a broad range of damage. Some of the types of loss that this coverage applies to includes, but is not limited to, water damage, theft, and accidental damage by others.
Items insured under this coverage are individually scheduled and a value is assigned at the time the items are added to the schedule.
Equipment leases frequently require this type of coverage. If your organization does not secure this coverage, the leasing company will generally provide it, but at a much higher cost than our program.