Personal Property Floater
Coverage for all personal property, regardless of location of an insured and household residents, including children away at school. Written on an all risks basis, subject to excluded perils such as war, wear and tear, mechanical breakdown, vermin, and nuclear disaster. "Personal property" includes clothing, television, musical instruments, cameras, jewelry, watches, furs, furniture, radios, and appliances. Coverage can be extended to damage of real property as the result of theft of personal property.
Popular Insurance Terms
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Disability in which a wage earner is forever prevented from working because of injury or illness suffered. ...
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Difference in the amount of losses between the beginning and end of a time period. ...
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