Installation Floater
An installation floater (inland marine) covers the security equipment and materials you supply — while in transit, in storage, and on the job site — until the installation is complete and accepted by the customer.
Installation Floater for Security Integrators
Between buying equipment and getting paid for a finished, accepted installation, your cameras, NVRs, alarm panels, access-control hardware, and wiring are at risk — and they're often not yet covered by the customer's property policy or your own commercial property policy. An installation floater (a type of inland marine coverage) fills that gap.
What It Covers
- In transit: Equipment damaged or stolen while being transported to the job site
- On-site storage: Materials staged at the customer's location before installation
- During installation: Loss or damage while the work is in progress
- Until acceptance: Coverage continues until the customer formally accepts the completed work
Why Security Firms Specifically Need It
Surveillance and access-control equipment is high-value and highly portable — exactly what thieves target from a van or an unsecured job site. A single stolen pallet of cameras and recorders can erase the profit on a project. The installation floater means a theft or loss before acceptance doesn't come out of your pocket.
How It Differs From Commercial Property
Your commercial property policy covers equipment and inventory at your own premises. The installation floater covers materials destined for a customer's site while they're in motion or temporarily installed — a different exposure that property policies typically exclude or limit. We coordinate both so your equipment is covered from warehouse to acceptance.
What's Covered
Frequently Asked Questions
Commercial property covers equipment at your own premises. Once materials are in transit or staged at a customer's site before acceptance, you need an installation floater — property policies typically exclude that exposure.
Typically when the installation is complete and the customer formally accepts the work. After that, the installed system becomes the customer's property. We make sure the hand-off is clean so there's no gap.