Which property is NOT covered under the definition of Inland Marine?

Which property is NOT covered under the definition of Inland Marine?

• A. Imports
• B. Bridges and tunnels
• C. Exports
• D. Fixtures and furniture

Answer: (D)

Inland Marine insurance is designed to cover a wide range of property types that are often mobile or in transit, which includes goods and equipment that can be transported, as well as specific types of property that may not fit under standard property insurance. Fixtures and furniture are typically considered part of the real property and are generally covered under homeowners or commercial property insurance, rather than Inland Marine insurance. This type of insurance is more focused on movable property and specialized types of goods, such as imports and exports that are in transit or have a particular business use, as well as structures like bridges and tunnels that may be associated with transportation. The focus of Inland Marine is on items that move and the specific risks associated with their transport or temporary storage, which does not typically extend to fixed assets like fixtures and furniture that remain in one location.

Inland Marine insurance is designed to cover a wide range of property types that are often mobile or in transit, which includes goods and equipment that can be transported, as well as specific types of property that may not fit under standard property insurance.

Fixtures and furniture are typically considered part of the real property and are generally covered under homeowners or commercial property insurance, rather than Inland Marine insurance. This type of insurance is more focused on movable property and specialized types of goods, such as imports and exports that are in transit or have a particular business use, as well as structures like bridges and tunnels that may be associated with transportation.

The focus of Inland Marine is on items that move and the specific risks associated with their transport or temporary storage, which does not typically extend to fixed assets like fixtures and furniture that remain in one location.