What is a Personal Article Floater?
Floater insurance is a type of insurance that provides additional coverage that your homeowners policy does not. Another term used for this coverage is inland marine coverage. Your homeowners policy covers personal property up to a certain limit of coverage per item. If you have high-value possessions, your homeowners policy would not be adequate. It is important for you to ask one of our experts the limit per item to help you know if this affordable coverage would be beneficial to you.
The term “floater” insurance means the policy floats (travels) with your valuable items. Examples of personal property that can be insured with a personal article floater:
- Jewelry
- Guns
- Furs
- Cameras
- Musical Instruments
- Silverware
- Personal Computers
- China and Crystal
- Electronic Equipment
- Fine Arts
- Collectibles
- Rare and Current Coins
- Luxury Handbags