A personal property floater (PPF) and a personal liability umbrella policy offer similar coverage.

Question

Quizplus · Accepted Answer

While both policies provide additional coverage beyond what is typically included in a standard homeowners or auto insurance policy, a PPF typically covers specific high-value items, such as jewelry or artwork, while a personal liability umbrella policy provides additional liability coverage that can extend to a variety of situations, such as if someone is injured on your property or if you cause an accident while driving. While there may be some overlap in coverage, the two policies are not identical.

A Personal Property Floater (PPF) and a Personal Liability Umbrella