Personal Property Floater
Plain English Definition: An additional insurance policy covering valuable personal items beyond standard coverage limits.
What Personal Property Floater really means for someone with an insurance policy
This policy ensures that high-value personal items like jewelry, electronics, or art are covered against theft or damage.
Personal Property Floater Real World Examples
- Insuring an expensive engagement ring.
- Adding coverage for high-end electronics.
- Protecting a valuable art collection.