What protects property owners from damage to personal articles during transport?

• A. Transport Insurance
• B. Personal Property Floater
• C. Shipping Insurance
• D. Personal Effects Coverage

Answer: (B)

The option that provides the most appropriate protection for property owners from damage to personal articles during transport is the Personal Property Floater. This type of insurance is specifically designed to cover personal property on a wide range of transit scenarios, regardless of the location or circumstances under which damage might occur. It ensures that items are protected while they're being moved from one place to another, whether due to travel or relocation.

A Personal Property Floater covers valuables that are not strictly tied to a specific location—ideal for items that would otherwise not be covered by standard homeowners or renters insurance during transit. This coverage is essential for individuals who may be moving, traveling, or even shipping high-value items, as it compensates for potential losses due to damage or theft while the property is in transit.

Shipping Insurance, while it does cover damage during shipping specifically, is often limited to items being shipped through common carriers and may not extend to personal items unless purchased separately. Transport Insurance generally refers to broader categories of goods in transit and may not only focus on personal property. Personal Effects Coverage might be limited to specific circumstances and could contain restrictions based on travel context or certain types of personal items, making it less comprehensive than a Personal Property Floater for the purpose of protecting personal articles during transport.