What is the main purpose of a personal articles floater?

The main purpose of a personal articles floater is to ensure that valuable items are protected. This type of insurance policy provides coverage for specific items that may go beyond the limits of a standard homeowners or renters policy. It is designed to cover personal property such as jewelry, art, collectibles, and other high-value items against various risks, including theft, loss, or damage. Unlike standard policies, which may have limits on coverage for these items, a personal articles floater offers a greater level of protection and often covers a wider array of perils. This makes it an essential option for individuals looking to safeguard their high-value possessions properly.