What type of property does a personal floaters policy cover?
What type of property does a personal floaters policy cover?
Floater insurance is a type of insurance policy that covers personal property that is easily movable and provides additional coverage over what normal insurance policies do not. Also known as a “personal property floater,” it can cover anything from jewelry and furs to expensive stereo equipment.
Which of the following is not considered a residual market?
Which of the following is NOT considered a residual market? FAIR plans, assigned risk plans, and a joint underwriting association are all considered residual markets. The state Guaranty Association is a mechanism for assisting the policyholders of bankrupt insurers and would not be called a residual market.
What is the CT FAIR Plan?
We are an insurance association that provides coverage on insurable property for owners who have been unable to obtain coverage elsewhere.
