Business Equipment Insurance - LRA Insurance Company Orlando, FL

Inland Marine (Equipment) Coverage from LRA Insurance
Property that is mobile in nature has been traditionally handled on these types of policies. A wide variety of forms and coverages has been developed to handle the needs of this property.

Fine Arts Floater
This coverage is used to insure works of art or other items of historical value or rarity including pictures, paintings, statuary, rare books, and antiques. The policy protects against loss arising from any cause not specifically excluded up to the limits specified for each covered item.

Installation Floater
This policy is used to insure materials, supplies and other covered property that is intended for permanent installation at a covered job site or project. Coverage for materials while in transit and in temporary storage are also covered for the specified amounts listed in the form. If written for the owner of a project coverage ends once the property is accepted by the owner or when the property is put to its intended use. If written for a contractor of the project, coverage ends when the insurable interest of the contractor ceases, the property has been installed, or within any other time limits as defined in the form. Contractors who regularly install items off premises should consider this coverage.

Jewelers' Block Insurance
This coverage is used to insure your stock in trade consisting of jewelry, precious and semi-precious stones, precious metals and alloys, and other stock used in your business. Coverage also applies to similar property of others in your care, custody and control or property sold but not yet delivered. Please note that property owned by others in the jewelry business is covered only to the extent of money you have advanced or your legal liability for such property.

Motor Truck Cargo Coverage
This policy is used to insure specified property against direct loss while in-transit, loading or unloading on a covered vehicle. The policy insures such property for the stated perils and within the territorial limits as described in the form.

Tools and Equipment Floater
This policy is used to insure covered mobile equipment while it is being stored on premises, in transit or at temporary locations or job sites.

Valuable Papers and Records
This coverage is used to insure valuable papers and records including books, maps, films, drawings, abstracts, deeds and manuscripts, on either a blanket or scheduled basis. Coverage includes the actual cost of materials and any additional expenses necessary to reproduce these records.