If you wear something valuable, or own something expensive that is not permanently attached to your home, odds are you need a Personal Articles Floater. Most insurance providers offer a rider to your existing homeowner’s policy that covers valuable items up to their appraised amount. Some insurance companies offer a “standalone” policy for personal effects, which is independent of other policies.
Personal Article’s are easily lost or stolen.
Standard homeowner’s policies usually only provide $1,000-$2,000 in coverage for:
• Golf Equipment
• Musical Instruments
• Computer Equipment
Floaters are often written on an all risk plan, giving you a broader ability to make a claim; often without a deductible.