Risklytics vs Simply Business: Inland Marine Insurance

What Are the Key Differences Between Risklytics and Simply Business Inland Marine Insurance?

Robotics equipment and valuation

Risklytics frames inland marine around robotics units damaged or stolen away from company premises, including a demo unit at a customer warehouse or a robot stolen in transit. It says each unit should be listed at replacement cost rather than relying on one blanket figure. Simply Business describes equipment and inventory away from the premises but does not specify robotics or valuation in its summary. Ask how each unit will be scheduled and valued. [4] [6]

Site requirements and insurer selection

Risklytics says buyers typically need coverage when a unit first leaves the building and that pilot agreements and site owners may require it; its producer places risks with specialist insurers. Simply Business names contractors, photographers and mobile groomers as examples and says eligibility depends on insurer and state. Robotics firms should show site and pilot requirements to both and confirm the issuing carrier before deployment. [3] [7]

What Should You Confirm in Risklytics and Simply Business Inland Marine Insurance Quotes?

• Ask Risklytics which carrier will insure each listed unit at replacement cost and whether transit and customer-site use are covered. [5]
• Ask Simply Business whether its carrier accepts robotics equipment and what value schedule and site conditions apply. [6]