Do You Need A Scheduled Article Floater?

Almost all of your personal property is insured under your homeowner's policy; however, most valuables have sublimit that leave might you severely underinsured. We are talking about; jewelry, guns, cameras, silverware, chins, sporting equipment, art, coin collections, wine, and other expensive items. The best way to protect your valuables is through a scheduled articles floater.

A scheduled articles floater is either a separate policy or a rider added to your homeowner's policy, depending on your carrier. A scheduled articles floater itemizes valuable items on your homeowner's policy and extends the policy's coverage to the items.

Why You Need The Coverage?

Typically, your homeowner's policy will cover your valuable items anywhere from $500 to $2500 and may include a deductible without any schedule; depending on the insurer. With a scheduled articles floater you can obtain coverage up to the replacement value of the item. Insurers will ask for a bill of sale or appraisal to verify the replacement value.

The primary reason why you should choose to purchase a scheduled articles floater is that it offers additional coverage not provided in your "normal" coverage. Accidental loss or damage is a coverage included under the personal articles floater. A missing stone in an engagement dropped down the drain or lost at the beach, would be typically be covered under a personal articles floater.

Bridgeway Insurance Services is independently owned and locally operated in San Jose Ca. We are here to serve all your insurance needs. We believe that local insurance agencies can best serve your insurance needs. As your independent insurance agency, we will assist you in finding just the right combination of coverage, price and service. We handle both personal and commercial lines of business providing personalized service to each of our clients. 

 

With over 20 years of experience in the insurance industry Leon Shum the agency owner is ready to help you find the right coverage for your home or business. 

Bridgeway Insurance Services offer a network of carefully selected insurance companies which includes some of the largest national carriers in the industry.

 

Bridgeway Insurance Services is passionate about providing customized insurance solutions to our clients. Nothing we do is “standard”.  We understand each client is unique and deserves solutions that meet their needs. 

 

Posted 11:03 AM

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