What items does a Personal Articles Floater usually cover?

A Personal Articles Floater is designed to provide coverage for specific personal property on an all-risk basis. This type of insurance is particularly beneficial for individuals who own valuable items that may not be fully covered under a standard homeowners or renters insurance policy.

The focus of a Personal Articles Floater is on items that require special considerations due to their value and potential risk of loss, such as jewelry, fine arts, collectibles, and other personal belongings. These items are typically subject to unique risks, like theft or accidental damage, which necessitates a more tailored insurance solution.

In contrast, real estate and commercial property typically fall under different insurance policies, like commercial property insurance, which addresses the complex needs of businesses rather than personal belongings. Motor vehicles and machinery are covered under auto and equipment insurance, respectively, as these have distinct regulations and coverage requirements. Office equipment and supplies are generally covered under a business insurance policy rather than a personal articles floater, as this type of coverage is intended for personal property rather than items used in a business context.

Thus, the correct answer reflects the primary purpose of a Personal Articles Floater in giving specialized coverage to valuable personal items.