Inland Marine Coverage (Tools & Supplies)
What Is Inland Marine Coverage?
Also known as tools and supplies coverage, inland marine insurance is business property coverage for your movable gear and supplies. When the things you can’t do business without get stolen or damaged, this coverage is designed to kick in to repair or replace them.
Why Equipment Insurance Matters for Beauty and Bodywork Professionals
You spend your hard-earned dollars on building your makeup kit or investing in a high-quality massage table. This coverage ensures you can stay in business with minimal interruption if you lose your stuff.
- Your business personal property is your paycheck — and worth protecting
- If you travel for work, this insurance covers your business gear while you’re on the go
- Spas, salons, events, and venues typically do not cover your equipment, so this coverage fills that gap
- The faster you can replace your property, the more easily you can keep bookings on your calendar
What Inland Marine Insurance Covers
Inland marine insurance is designed to cover:
- Theft of covered gear: Shears, clippers, massage tables, wax pots, ring lights, carts, cases, and business tech, like your point-of-service (POS) system
- Accidental damage: Drops, spills, or transit bumps to covered items
- On-the-go protection: Studios, client sites, markets, classes, and in transit
- Rented or borrowed items: Where included by policy wording or when scheduled (specifically listed)
Coverage depends on your policy. Check your declarations page for limits, any per-item sublimits, and the deductible.
What It Doesn’t Cover (Common Exclusions)
This coverage is not for:
- Wear and tear or defects: Normal use, cosmetic scratches, or manufacturer issues
- Unexplained disappearance: Missing items with no evidence of theft (including theft from vehicles without forced entry)
- Non-business personal property: Things you don’t use for business
- Data or cyber losses and cash: These require separate coverages, such as cyber liability insurance
Inland Marine vs General Liability vs Professional Liability: What’s the Difference?
Inland marine insurance covers your business property (first-party coverage). General and professional liability insurance are both meant to cover harm caused to others (third parties).
Swipe →
| Coverage | What It protects | Example |
|---|---|---|
|
Tools and Supplies (Inland Marine) |
Your movable business gear and supplies |
Your kit is stolen from a locked hotel ballroom during a bridal gig |
|
General Liability (GL) |
Others’ injuries or property damage from accidents related to your business |
A client trips on a cord and breaks their phone at your salon suite |
|
Professional Liability (E&O)Cyber Liability |
Client claims tied to your service, technique, or advice |
A client alleges your treatment plan caused a skin reaction and lost income |
How Are Tools & Supplies Claims Paid Out?
Tools and supplies claims are paid out according to set limits, deductibles, and valuation methods.
- Limits: The maximum the policy pays per claim and overall
- Deductible: What you pay first on a covered loss before your policy does
Valuation methods:
- Replacement Cost (RC): Pays what it costs to replace with like kind and quality
- Actual Cash Value (ACV): Pays RC minus depreciation
Proof you’ll need: Receipts, serial numbers, and photos; for theft, a police report
Related Terms
- Declarations Page
- Certificate of Insurance (COI)
- Deductible
- Coverage Details
- General Liability Insurance
- Professional Liability Insurance
- Errors and Omissions Insurance
- Limit of Insurance
