Secure Your High-Value Belongings with Personal Property Floater Insurance

Personal property floater

Additional property insurance that covers the damage or loss of a specific item of high value.

A personal property floater is a type of insurance policy that provides coverage for individual items that might not be adequately protected under the standard homeowner’s insurance policy. It is often used to insure high-value or unique belongings such as jewelry, fine art, musical instruments, or collectibles.

The personal property floater provides coverage for these items while they are in the owner’s possession, as well as for items that are temporarily located away from the owner’s property. This type of policy often includes coverage for loss or damage caused by theft, fire, flood, and other types of damage.

It’s important to note that there are limits on the amount of coverage you can purchase in a standard homeowner’s policy. If you have assets that are worth more than the limit offered by your policy, it makes sense to purchase a personal property floater to ensure you have adequate protection.

In summary, a personal property floater provides additional protection for high-value or unique belongings that might not be adequately covered under a standard homeowner’s policy.

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