Coverage of the Month – Personal Articles Floater
Presented by Margaret Hatley
Was Santa especially good to you this year? Did he bring you jewelry, a fur, a gun, or other special items? If so, this is the time to discuss a personal articles floater with your agent.
A homeowners insurance policy provides coverage these special items due to thief but the limit can be as low as $1,000. Also, losing or breaking an item is not covered under the homeowners policy. You can schedule these special items on a personal articles floater to make sure they have adequate coverage. Under a personal articles floater you can find coverage for these items due to theft, breakage, or just plain losing it.
You can schedule more than guns, fur, and jewelry on a personal articles floater. Here are some other examples of items that can be covered.
- Golf clubs
- musical instruments