The Personal Articles Floater specifically covers which type of items?

The Personal Articles Floater is designed to provide coverage for personal property that is typically movable, meaning that it can be easily transported or relocated. This type of coverage is especially beneficial for items such as jewelry, art, collectibles, and other valuable belongings that individuals may take with them. The floater extends beyond the coverage limits typically found in a standard homeowner's or renter's policy, offering broader protection against risks like theft or damage, regardless of the location where the items are kept.

In contrast, real estate properties refer to immovable assets and do not fall under the purview of a Personal Articles Floater. The policy does not focus solely on high-value items; while high-value belongings can be included, the floater's primary function is to cover movable personal property rather than specifying a particular value threshold. Thus, the focus on movable property is what defines the Personal Articles Floater, making it a necessity for individuals looking to protect their valuable, portable possessions effectively.