What does Commercial Property Floater mean? Read on to discover the definition & meaning of the term Commercial Property Floater - to help you better understand the language used in insurance policies.
Commercial Property Floater
A commercial property floater is an insurance policy add-on that provides insurance protection for various types of commercial property that does not remain at one specific location. It is useful for companies who have property that moves, such as a circus. Commercial property floaters are typically a supplement to a standard commercial property policy.
We hope the you have a better understanding of the meaning of Commercial Property Floater.