Skip to content

Personal Property Floater

Get a Quote 

  • This field is for validation purposes and should be left unchanged.

Strength and Stability for Your Home.

Product Overview

Your home is your sanctuary. It’s a dependable shelter that keeps you and your family safe, and it’s the place where memories are made. For most people, a house represents the biggest financial and emotional investment they’ll ever make. With the right Property Insurance plan, you can protect your investment and your personal property from whatever life throws your way.

Every Home Insurance policy is different, and at Prince Insurance Group, we’ll work with you to make sure that your policy fits the needs of yourself and your family. Property Insurance may insure your home from the following types of damage:

  • Fire and Lightning
  • Collisions from Vehicles or Aircraft
  • Hail
  • Sewer/Drain Backup
  • Windstorm
  • Vandalism
  • Volcanic Eruption
  • Smoke
  • Freezing Conditions or Snow


Download Personal Property Insurance resources. 

Property Insurance Options to Consider

There are many additional coverage types that are available to safeguard your home and belongings, and it’s important to talk with a representative from Prince Insurance Group who can help you find the right policy.

Options such as Personal Property Insurance and Flood or Earthquake Insurance may not fall under a standard Homeowners policy. In the event of an accident or theft, Personal Property can pay the actual cash value (ACV) or replacement cost of personal content items or articles like furniture, appliances, and clothing.

Other items that may be included are Builder’s Risk while your home is being built or reconstructed, and insurance for damage to pertinent/detached structures.

Another important feature to consider in your Homeowners policy is Dwelling Replacement Coverage. If a fire or other accident leaves your home a “total loss,” this coverage provides for the cost of replacing your home at its current value, rebuilding to code, and Ordinance & Law.

As is the case with many other features of Home Insurance, additional coverage can vary greatly depending on your policy, which is why it’s important to discuss your individual insurance options with Prince Insurance Group before making a decision.


Prince Insurance Group helps find the right insurance for you and your needs.


Our team works with you to find the most affordable options for your situation.

Flexible Options

Our products are flexible and we work to find insurance specific to your needs

Unbeatable Service

We are just a phone call away throughout our entire relationship.

Common questions about Personal Property Floater Insurance

Get quick answers to some of the most asked questions about personal property floater insurance. If you have additional questions, please contact us.  

What is the definition of personal property insurance?

Personal property coverage (sometimes referred to as personal property insurance) is an element of homeowners insurance policies that reimburse you when personal belongings either get damaged (from perils that are covered) or stolen. That could entail portable appliances, electronics, and even clothes, all of which will be insured against theft or covered damages.

Your insurance policy will also determine the kind of property that it can and can’t cover. It might only cover expensive and rare items, such as fine furs, jewelry, and vintage instruments to a specific itemized amount (a.k.a. a sub-limit). A majority of insurance companies provide enhanced coverage for personal property (or an endorsement for a policy) that raises reimbursement limits for expensive items.

What is the definition of personal property coverage?

Personal property coverage can be described as protection that is paired with rental insurance and condo insurance policies. It safeguards personal belongings – in addition to items belonging to blood relatives that reside in the residence insured – up to a specific coverage limit (which will be shown on the declarations page of the home insurance you have).

When it comes to homeowners insurance, contents coverage (another name for personal property coverage) accounts for 1/6th of the average HO-3 policy. Once your policy is set up, the personal property coverage limitations you get will be, by default, half of your existing coverage limit. However, many insurance companies can increase personal property coverage limitations to you as much as 70% of a dwelling limit.

Personal property insurance – what does it cover?

Once your deductible from insurance is paid, you’ll be reimbursed by personal property insurance for any damages your possessions sustain, to a maximum of whatever your coverage limit was. It will cover things inside the house and garage, as well as items in a hotel room or car when you’re traveling. Personal property coverage keeps you protected against all sorts of natural elements like wind damage, lightning, and fire. It even protects you against theft.

You will not be reimbursed for things like fuse shortages or electric failures that destroy your entertainment system or television set. To receive reimbursement for mechanical or electrical failure, you will require a breakdown of equipment coverage endorsement, if not your home warranty.

Here are the various personal property types that receive coverage in the average homeowners insurance policy:

  • Trampolines.
  • Equipment for lawn care.
  • Rugs.
  • Bikes.
  • Kitchen appliances.
  • Televisions.
  • Clothing.
  • Furniture (outdoor and indoor).

Accessibility Toolbar