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Nearly any business with a retail component needs inland marine insurance, which protects against losses when goods are transported over land via truck or train.
This type of coverage is especially prudent when the goods in question are high-dollar, according to the Insurance Information Institute, because such products often are not covered by standard commercial insurance or business owners insurance.
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Elana Ashanti Jefferson
Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
