What type of insurance would cover property while being transported?

Inland marine insurance is specifically designed to cover property while it is in transit over land or potentially while being stored at a location other than the primary location of the insured. This type of insurance encompasses various forms of movable property, such as business equipment, goods in transit, and various types of personal effects that may be transported.

This coverage is essential because standard homeowners insurance typically does not extend to property being transported away from the insured location. Similarly, while auto insurance provides coverage for vehicles during transit, it does not cover the contents being transported unless specifically included in the policy. Fire insurance, on the other hand, primarily protects against loss from fire damage and does not provide coverage for property in transit.

Inland marine insurance thus serves a vital role in safeguarding valuable property during transportation, making it the appropriate choice in this context.