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A group of property insurance coverages designed to insure exposures that cannot
be conveniently or reasonably confined to a fixed location or insured at a standard
rate under a standard form. Includes coverage for property in transit over land,
certain moveable property, property under construction, instrumentalities of transportation
and communication (such as bridges, roads, piers, and television and radio towers),
legal liability coverage for bailees, and computerized equipment. Many inland marine
coverage forms provide coverage without regard to the location of the covered property;
these are sometimes called "floater" policies. Inland marine coverage forms are
generally broader than property coverage forms due to the relative freedom from
rate and form regulation of inland marine insurance as compared with property insurance.