personal articles floater
A personal lines inland marine policy that is used to cover scheduled personal
property on an all risks basis. The policy is particularly appropriate for property
that receives limited coverage under the homeowners forms, such as furs, jewelry,
fine arts, silverware, cameras, musical instruments, stamp and coin collections,
and similar property. Standard forms have been developed by both Insurance Services
Office, Inc. (ISO), and American Association of Insurance Services, Inc. (AAIS).
Coverage is also sometimes afforded in homeowners policies by endorsement.