What is equipment insurance?
Equipment insurance, sometimes called "inland marine" insurance, covers damage or theft of your equipment, whether it is rented or owned. The equipment insurance policies offered through Fractured Atlas insure the replacement value of your equipment on an annual basis.
This type of coverage is often required by equipment rental houses, as part of your rental contract. If you are asked by an entity such as a rental house to name them as "loss payee" on your coverage, equipment insurance is most likely the type of coverage you need.