Victory® Inland Marine

The Victory® Inland Marine Program underwritten by a carrier rated A- by A.M. Best Co. offers great rates, high limits and variable deductibles! This program targets those contractors with real property that supports their construction operations. Office and warehouse exposures must represent the majority of the occupancies written. Coverage will be provided when light retail exposures cohabitate with the contractor's office or warehouse occupancies coverage. However, high hazard occupancies will not be entertained. This program also provides coverage for contractor's equipment, office contents, installation property and/or electronic data processing equipment exposures.

This program is competitive in writing the following risks:

  • Very large pieces of equipment (Loaders, Excavators, Concrete Pumps)
  • Large commercial office & retail buildings (some manufacturing/processing buildings)
  • Packaged Inland Marine coverage options
  • Equipment Schedules, Miscellaneous Tools, Installation Floaters, EDP and more

Ineligible Risks
  • Woodworkers, Cabinet Makers, or any operation where wood cutting or sawing is taking place is prohibited. Cabinet Installation only okay.
  • Risk involved in any of the following activities: Bridge Builder, Demolition, Dredging, Equipment Rental and Leasing to Others, Manufacturing, Mining (surface or underground), Oil Field work, Scrap Yard or Warehousing.

Inland Marine Coverage

Navigators provides Inland Marine coverages for artisan/trade contractors for both commercial and residential work. It is designed to meet the needs of small artisan contactors conducting business within the trades and construction industry. There is no limit on the size of non-internet policies. Policies may be written for one year and renewed annually. Tract work is allowed in this program.

The Navigators program, with a manual submission, can be a much more broad submission and include much higher limits, buildings and other real property not included in the online program. Contact your Underwriter with any questions on unusual or large Property or Inland Marine prospects. Please submit Acord Applications for these Property or Inland Marine prospects.

Contractors performing 100% service and repair work for residential and commercial projects are given special consideration in the program. Additionally, we accept small remodeling general contractors, including those who complete room additions.

  • Real Property $2,000,000 total insured value
  • Office Contents $2,000,000
  • Business Income $450,000
Inland Marine
  • Miscellaneous Tools $2,000,000 maximum total value with a $1,500 maximum value per item
Contractors Equipment
  • Total value of all equipment $500,000
  • Total insured value any one item $250,000
  • Equipment leased or rented from others $100,000
Installation Floater
  • Any one job site $200,000
  • At any location other than job site $10,000
  • Property in transit $10,000
Computer Systems Coverage
  • Total insured value of all covered property (Computer, Media/Data and Extra Expenses) $50,000
  • Extra Expense $10,000
  • Property at any unnamed premises $5,000
Reasons for Referral
  • Risks with less then 2 years in business
  • Risks whose insurance has been cancelled
  • Risks with bankruptcy in the last 5 years
  • Risks with more than one Property or Inland Marine loss in the past 3 years
  • Risks with a loss that exceeded $5,000 paid in the past 3 years
  • Risks with annual leased or rented equipment expenses in excess of $25,000
  • Risks involved in any of the following activities: Auto/Truck Repair, Farming, Logging, Reclamation or Landfill Work, Retailing, Roofing, Underground Work or Waterborne
  • Risks that rent or own Asphalt Plants or Cranes
Waiver of Premium

Additional or return premium account balances of $10.00 or less will be waived.

Risks Cancelled or Non-renewed by Other Company

Please refer any risk that has been cancelled or non-renewed to Builders and Tradesmen's Insurance Services, Inc. prior to submission. We ask that full information regarding the reason for cancellation or non-renewal and the conditions or preventive steps taken by the Applicant be provided.


Policies will be prorated (without penalties) when cancelled for one of the following reasons:

  • At the request of the company
  • Nonpayment of premium
  • Insured no longer has a financial or insurable interest in the property or business operations

When a policy is cancelled for any reason other than outlined above, a short rate penalty of 10% of the prorated unearned premium will apply.


To avoid a lapse in coverage, all outstanding issues must be addressed and/or payments must be received by Builders and Tradesmen's Insurance Services, Inc. prior to the cancellation date.

Annual Minimum Premiums

$250 minimum policy premium

The online Victory Inland Marine Program targets small artisan and service contractors with property that supports their construction operations. For risks that do not fit the online program, please submit the Acord applications.

Inland Marine and Property Coverages
  • Office Contents
  • Miscellaneous Tools and Small Equipment
  • Computer Systems (Equipment, Data and Media and Extra Expense)
  • Scheduled Equipment (light, medium and heavy)
  • Installation Floater ($10,000 minimum value)
  • Rented/Leased Equipment (from others)
  • Five packaged options to choose from

Varies with coverages provided and deductibles selected.

Click here for Coverages, Limits and Deductibles available online


An inspection will be made after a policy is bound.

Payment Options
  • BTIS Financed - BTIS can arrange premium financing. Simply print and sign the online finance agreement and fax along with your binding documents to 916.772.9292.
  • Full Annual Premium - The Producer may withhold commission and remit net payment in full.
  • Producer Financed - The Producer may arrange financing with their vendor of choice.
Certificates of Insurance

If adding as Additional Insured or special wording is required on the certificate, such request must be referred to BTIS for approval. Evidence of insurance can be provided by the Agent.

Additional Insured Guidelines

Usually not applicable to Inland Marine or Property coverages.

Loss Payee and Lenders Loss Payee Forms

Available upon request. In most cases, the Agent can process an Evidence of Coverage or Loss Payee form in their office.

Renewals From Prior Online Submission

If eligible for renewal, you will receive a notice with instructions by email approximately 60 days prior to policy expiration. Policies will not be renewed unless requested by the Insured or Producer, along with the appropriate documents. To avoid a lapse in coverage, payment must be received prior to the expiration date. Payments received after the renewal date will be renewed as effective on the date payment is received by the company (lapse in coverage). Payments received more than 14 days from the renewal date will be returned with no coverage afforded.

Renewals From Manual Submissions

Please contact the Inland Marine Underwriter for details.


Frequently Asked Questions

How do I find out more?

Use our live support for an immediate response or call your CSR or Underwriter toll free at 877.649.6682.

How do I get a quote?
Use our online Victory Inland Marine submission system. If a risk does not fit online, you can submit Acord form(s) by email to or fax to 916.772.9292.

If I am having system problems, what do I do?
Use our live support for an immediate response or call your CSR or Underwriter toll free at 877.649.6682.

Can I write B licensed contractors in this program?
As long as they are not performing prohibited operations, the B licensed contractors are eligible for the Victory Inland Marine Program.

How do I bind a policy?
Email ( or fax (916.772.9292) your bind request including the desired effective date and bind documents requested online, signed by both the Agent and the Insured. Be sure to indicate which of the 3 payment options you have chosen. You must also submit proof of payment in the form of your check, the client's check or a signed finance agreement. For online submission binding documents, go online and select your submission, then click on the blue "Binding Documents" button. If submitted by Acord form, please fax the binding docs requested on your quote received from the Underwriter.

This information is provided as a guideline only and is subject to change with or without notice.