Personal article floater

Personal article floater

Insurance policy attachment designed to cover specified personal valuables.

Personal Article Floater

An insurance policy attached to another policy that insures certain, named articles. These may be very expensive articles, such as jewelry and family heirlooms. Each article covered in the floater has an assessed value listed with it, which helps determine the benefit the policyholder receives if an article is lost or stolen.
References in periodicals archive ?
* Do you need a "personal article floater" to cover expensive jewelry, antiques or electronics?
As of March, the Wheelers have received their $35,000 policy maximum from USAA and a payment from a personal article floater policy for a few smaller items.
The only movement was in personal article floaters, which were up from plus-2 percent to plus-3 percent."
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