A Personal Articles Floater (PAF) is an add-on policy that provides extended coverage for high-value personal belongings that may not be fully covered under standard home or renters insurance. Unlike standard policies that impose sub-limits on certain items (e.g., $1,500 for jewelry), a PAF allows you to insure individual items for their full appraised value—ensuring you're not left underinsured in case of loss or damage. 

• Higher Coverage Limits – Standard policies may only cover a portion of an item’s value, whereas a PAF provides full replacement value for each scheduled item.  
• Broader Protection – Covers a wider range of risks, including accidental damage or even loss due to misplacement—something not covered in most homeowners policies.  
• Customizable Coverage – You can insure individual items separately, ensuring proper valuation and adequate protection.  
• Worldwide Coverage – Whether at home, on vacation, or commuting with valuables, your PAF extends globally, ensuring peace of mind wherever you go.  
• No Deductible Option – Unlike standard policies, many PAFs offer zero-deductible options, meaning you receive full compensation in case of a claim.  
• Affordable Premiums – Considering the high-value coverage offered, PAFs are surprisingly affordable, often costing just 1%–2% of an item’s insured value annually.