What does Floater Policy mean? Read on to discover the definition & meaning of the term Floater Policy - to help you better understand the language used in insurance policies.
A floater policy is insurance protection that covers movable property and other items moved from one place to another and not usually covered by standard policies. In other words, it is additional coverage from property that may not necessary remain at all times in the covered property.
We hope the you have a better understanding of the meaning of Floater Policy.