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

Question

Quizplus · Accepted Answer

While both insurance policies provide coverage for personal belongings and liability, they differ in their specific coverage areas. A personal property floater insures high-value items like jewelry, art, and collectibles while a personal liability umbrella policy provides protection against lawsuits and claims that exceed the limits of your primary liability insurance.

A Personal Property Floater and a Personal Liability Umbrella Policy