Valuable Items Floater

Think of floater insurance as an extra layer of coverage for property – specifically, property that can easily be moved or even stolen – like jewelry, watches, furs, or items like musical instruments, etc. 

Sometimes, homeowners insurance doesn’t fully cover certain items, so adding a floater ensures the item(s) will be replaced in the event of damage, theft or loss. For example, floater insurance covers an incident like leaving a watch in a hotel room, or dropping a ring down a sink. Keep in mind a floater typically covers only one item; therefore, you would purchase a floater for each item you want to insure.