What Are the Key Differences Between Alliance Risk and THREE by Berkshire Hathaway Inland Marine Insurance?
Broker Placement and Package Listing
Alliance Risk arranges inland and ocean marine placements as a brokerage and does not name the insurer on its product page. THREE lists inland marine among the categories in its combined Business Owners Policy. Ask Alliance Risk which carrier will insure the property and ask THREE to show whether inland marine appears as a distinct coverage section in the specific package quote. [2] [3]
Mobile Equipment and Cargo
Alliance Risk describes inland marine for tools and equipment in trucks, contractor equipment at job sites, installations before delivery, fine art or specialty items in transit and off-premises storage. It separately describes ocean marine for international sea cargo, vessels and maritime liability. THREE names inland marine but its reviewed record does not detail comparable property or transit categories. Identify which property moves, where it travels and whether ocean transit is needed. [2] [3]
Geographic and Property Conditions
Alliance Risk says coverage can exclude wear and tear, poor packaging, property outside the policy territory unless written globally, business-income loss unless endorsed and flood unless specifically included in ocean marine. THREE's line listing does not disclose comparable boundaries. A buyer moving equipment across states or storing it off-site should request territory, flood and business-income wording from both providers. [2] [3]