What Does Electronic Data Processing Equipment Floater Mean?

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What does Electronic Data Processing Equipment Floater mean? Read on to discover the definition & meaning of the term Electronic Data Processing Equipment Floater - to help you better understand the language used in insurance policies.

Electronic Data Processing Equipment Floater

Electronic Data Processing Equipment Floater

Nonfiled commercial inland marine policy that provides open peril coverage for computer hardware, computer software, and data that is owned by the insured or in the insured's care, custody, or control. Breakdown coverage, extra expense, and business interruption coverage may also be included.

We hope the you have a better understanding of the meaning of Electronic Data Processing Equipment Floater.

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