Personal Articles Insurance
Protect what’s uniquely important to you.
Many people do not realize that your typical homeowners insurance policy only offers between $1,500 – $2,550 of coverage for jewelry, guns, antiques, furs, and other valuable personal property. But what if the value of your items is higher than the allotted coverage? Then it is time for a personal articles floater (also known as an inland marine policy). With a personal articles floater (PAF), the policy can guarantee coverage for things like theft, mysterious disappearance, and breakage which are not covered on your homeowners policy. Most times an appraisal is required for these policies to show the value of the stated item.
Ok, let’s do a clarification of PAF, so it will become a little clearer. A Personal Articles Floater is used to insure valuable personal property that your typical homeowner’s policy does not insure due to various exclusions and/or limitations of the particular homeowner coverage. Below, I have listed a few items of personal property which you might think is covered under your homeowner’s policy, but you might require a PAF/Inland Marine policy. You will want to read and clarify this with your agent or representative, so you make sure your personal belongings are covered.
Although there are no standard floater policies, most floater policies share the following four characteristics:
Please call us today as a valuable Dickey McCay Insurance team member will be glad to answer your questions regarding personal articles floater/inland marine insurance, help you with a quote or work with you from start to finish in getting a personal articles floater policy secure to insure your personal valuables are protected.
Monday: 8:30am – 4:45pm
Tuesday: 8:30am – 4:45pm
Wednesday: 8:30am – 4:45pm
Thursday: 8:30am – 4:45pm
Friday: 8:30am – 4:45pm
Saturday: 9:00am – 12:00pm
146 Ocoee St.
P.O. Box 1161
Copperhill, Tennessee 37317