Simply Business vs Techinsurance: Inland Marine Insurance

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

Property scope and add-on structure

TechInsurance describes inland marine as an add-on to a Business Owner’s Policy or commercial package, covering off-site storage, transit, client property in the business’s care and equipment installed in a service truck. Simply Business describes equipment and inventory away from the premises, leaving terms to the policy wording. Businesses holding customer property should ask each carrier whether bailee coverage applies and how the scheduled limits work. [5] [3]

Published cost context and quote terms

TechInsurance reports a $48 monthly customer median and annual premiums ranging from about $150 to over $4,500 depending on property values, limits, location and risk. These are reported customer ranges, not a quote for your business. Simply Business does not publish comparable price figures in its record and says the online quote depends on state, buyer and insurer. Compare the item schedule, deductible and premium on the actual offers. [5] [4]

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

Ask TechInsurance whether inland marine must be added to a BOP or package and whether customer property is scheduled or covered by a separate limit. [5]
Ask Simply Business for quoted limits, deductible, premium and bailee treatment for any property you hold for others. [3]

TechInsurance reports a $48 monthly customer median and broad annual premium range, while Simply Business publishes no comparable price in its offering record. Compare actual schedules, deductibles and premiums.

Source material

01
Commercial Insurance Guide
California Department of Insurance · Property Insurance; Commercial Property; Inland Marine; Boiler and Machinery · accessed 2026-09-16
02
Inland Marine Policy: Contractors’ Equipment
Markel American Insurance Company / American Association of Insurance Services; hosted by Florida Department of Management Services · PDF p.8 declarations; attached Contractors’ Equipment printed pp.1–13 (PDF pp.18–30); replacement-cost endorsement PDF p.34 · accessed 2026-09-16
03
Inland Marine Insurance
Simply Business · Equipment/inventory lines 15–18, 59–63; examples and quote workflow lines 97–140, 168–191. · accessed 2026-09-29
04
Terms of Service
Simply Business · Dated June 30, 2026; §1 lines 22–28; §8 lines 87–113; §10 lines 143–149; §19 line 211. · accessed 2026-09-29
05
Inland Marine Insurance – Compare Quotes
TechInsurance · What is covered under inland marine insurance? (property in transit, client property in care, fixed-but-movable equipment, off-site storage, high-value items); How much does inland marine insurance cost?; What factors impact inland marine insurance rates?; How do you purchase inland marine insurance? · accessed 2026-09-23

Coverage topics

Simply Business

coverage: Simply Business describes inland-marine coverage for equipment and inventory in transit or stored away from the business premises; policy wording controls covered causes, limits and conditions. Company-published inland-marine information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer.company-reportedSource ↗
eligibility: The company gives contractors with tools, photographers with cameras and mobile groomers with equipment as examples of potential inland-marine buyers. Those examples do not guarantee eligibility. Company-published inland-marine information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer.company-reportedSource ↗
application: The page describes an online quote form and comparison of insurer quotes, with customization discussed as part of the quote process. Availability depends on state, buyer and insurer; the site Terms do not guarantee a quote or binding. Company-published inland-marine information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer.company-reportedSource ↗Source ↗

TechInsurance

role: TechInsurance arranges inland marine insurance, also called tools and equipment insurance, as a form of property coverage sold as an add-on to another property policy such as a business owner's policy or commercial package policy, not as a standalone product. Inland marine product page.company-reportedSource ↗
insurer: The reviewed page does not name the issuing insurer for an inland marine policy. Inland marine product page as read on 2026-09-23.not-disclosedSource ↗
coverage: TechInsurance says inland marine coverage protects business property in transit or off-site storage, client property temporarily in the business's care (bailee coverage), equipment installed in a fixed but movable location such as a service truck, and high-value items that standard commercial property policies may exclude. Inland marine product page; general policy description, not a specific policy form.company-reportedSource ↗
eligibility: TechInsurance targets inland marine coverage at businesses that ship property, transport high-value equipment, take tools to worksites, or store property off-site, naming construction contractors, photographers, cleaning services and IT professionals as example segments. Inland marine product page, Who needs inland marine insurance coverage? section.company-reportedSource ↗
limits: TechInsurance says its inland marine customers pay a median of $48 per month, with annual premiums ranging from about $150 to more than $4,500 depending on the value and type of insured property, coverage limits and deductible chosen, location, claims history and industry risk. Inland marine product page cost section; a company-reported median and range from TechInsurance's own book of business, not a published rate table.company-reportedSource ↗
application: TechInsurance says you can add inland marine coverage to a business owner's policy or commercial package policy through its online application, and typically get a certificate of insurance within 24 hours after purchase. Inland marine product page, How do you purchase inland marine insurance? section.company-reportedSource ↗