Inland Marine Quote

Inland Marine insurance quotes include detailed property and equipment coverage information critical for underwriting and pricing specialized risks. Feathery’s AI extraction engine automates the intake of these quotes by capturing structured data such as the named insured, mailing address, quote effective and expiration dates, insurer name, A.M. Best rating, and admitted status. It also extracts scheduled items, their insured limits, and associated deductibles for contractors' equipment and property floaters. Specialized deductibles—such as for earth movement, wind/hail, or named storms—are also identified to ensure clarity on risk-sharing terms. The engine further parses the loss payment basis to distinguish between replacement cost and actual cash value settlements.

Beyond standard coverage terms, Feathery extracts additional protection layers such as coverage for spare parts, newly acquired or leased equipment, debris removal, fire protection equipment, pollutant cleanup, and service charges. It also captures financial details like estimated premiums, terrorism coverage costs, taxes, and payment plan options. Conditions to bind, including required documentation or subjectivities, are surfaced for seamless quote activation. This template is ideal for carriers, brokers, and MGAs working in the construction, logistics, and mobile equipment sectors, looking to streamline Inland Marine quote processing and minimize manual review time.