What type of coverage applies to personal property while being transported?

Inland marine coverage is specifically designed to protect personal property that is in transit or transportation over land. This type of insurance provides coverage for goods such as personal belongings, equipment, or other valuable items while they are being moved from one location to another. This distinguishes it from other types of coverage which may not extend to property during transit.

This type of coverage originated to address the need for insuring goods that were transported over water (hence the term "marine"), but has evolved to include land transportation as well, encompassing scenarios like shipping goods across roads or railways. Inland marine policies often cover risks associated with theft or damage that can occur while property is not stored at a fixed location.

While liability coverage focuses on protecting against claims of third-party damages or injuries, property coverage generally pertains to items stored at a specific location. Equipment coverage usually relates to specialized tools and machinery but may not specifically cater to personal property during transit. Therefore, inland marine coverage is the most relevant and comprehensive option for protecting personal belongings while they are in transit.