Able Adams has a number of rare paintings at home that he inherited from his paternal family, many of whom were patrons and collectors of the arts.Able knows that the value of these paintings makes them likely targets of theft and he needs to insure these items specifically by using a ________.

Question

Quizplus · Accepted Answer

A personal articles floater is a type of insurance policy that provides coverage for valuable personal possessions that may not be fully covered by a standard homeowners policy. It typically covers items such as jewelry, art, antiques, and other high-value items. In this case, Able Adams's rare paintings would fall under this category and would require specific coverage through a personal articles floater to ensure that they are fully protected in the event of theft or damage. A standard homeowners policy or standard fire insurance may not provide adequate coverage for these valuable items. Personal liability coverage is not relevant to insuring valuable paintings.

Able Adams Has a Number of Rare Paintings at Home