Inland marine insurance is often misunderstood. In fact, despite the nautical language, inland marine insurance is not designed for property at sea. And it’s not “marine” insurance. The term was created in the 19th Century to describe insurance beyond what had previously been available for property at sea. This type of insurance can be written for almost any kind of property, anywhere in the world. Despite being a broad insurance category, there’s nothing standard about inland marine insurance. It can address a wide range of property your company owns or has in its custody, if your policy isn’t constructed correctly, it could lead to a significant uninsured loss.