What is the main purpose of a personal articles floater?

A personal articles floater is specifically designed to provide coverage for valuable items, offering protection against loss, theft, or damage that may not be covered under a standard homeowners or renters insurance policy. This type of policy is particularly beneficial for items such as jewelry, fine art, collectibles, and electronic devices, which may have higher values and require more specialized coverage.

While homeowners insurance generally covers personal property, it often comes with limits on specific categories of valuable items. A personal articles floater addresses these limitations by providing additional coverage tailored to the needs of individuals with high-value possessions. This is why the focus is primarily on ensuring that valuable items are adequately protected, making it essential for policyholders who wish to safeguard their important assets.