Unscheduled Property Floater(redirected from Unscheduled Property Floaters)
Unscheduled Property Floater
An insurance policy providing coverage up to a certain amount for all property of the type listed in the policy. To give a very simple example, an unscheduled property floater may cover all the lamps that a person owns without describing any particular lamp. This contrasts with a scheduled property floater, in which each piece of covered property is listed individually. As with all insurance, one must pay a premium to receive the coverage.