Kansas residents who own valuable personal items such as jewelry, collectibles, antiques, fine art, or firearms need to obtain Personal Articles Floater insurance. This coverage helps to protect the owner from losses due risks, which include:
- Fire or smoke damage
- Flooding or water damage
- Earthquake damage
- Loss of use during repairs
- Vandalism and malicious mischief
- Theft or burglary
- Accidental breakage/disappearance
- Replacement cost coverage
- Worldwide protection for items taken on vacation or travels
By purchasing Personal Articles Floater Insurance in Kansas, you can ensure that your valuable personal items are covered against the above risks and have peace of mind knowing that you will be financially protected in the event of an accident or other unforeseen circumstances.
Personal Articles Floater Insurance Costs in Kansas
The costs for Personal Articles Floater Insurance in Kansas can vary based on the type and value of the items being insured. Generally, the premiums are determined by factors such as:
- The age and condition of the item: The older and more worn an item is, the higher the premium.
- The type of item: For instance, jewelry items will typically have higher premiums than firearms.
- The location where the item is stored: Items kept in less secure places such as a basement or shed may cost more to insure.
- The replacement value of the item: If an item has a high replacement value, then it is likely to be more expensive to insure.
- Its estimated replacement cost: If the replacement cost is determined to be greater than the item’s current value, then the premium may also increase.
- The amount of coverage purchased: Increasing the amount of coverage purchased will result in a higher premium.
- Deductibles chosen by the policyholder: The amount of a deductible chosen by the policyholder will determine their premium. A higher deductible means lower premiums, but any claims are subject to that amount first.
- Claim history associated with the item: The history of any claims associated with the item can affect the premium.
Generally, Personal Articles Floater Insurance in Kansas is relatively affordable and provides peace of mind for those who own expensive items. It’s important to have a thorough understanding of the costs associated with this type of insurance before making a purchase, as it will help ensure that you are selecting the best coverage for your needs.
We’re Your Trusted Personal Articles Floater Insurance Provider in Kansas
At WINN Insurance Group, we understand the importance of protecting your valuable possessions. That’s why we offer comprehensive Personal Articles Floater Insurance in Kansas to help cover expensive items, such as jewelry, art, and antiques. Our experienced team will work with you to determine the right coverage for you at a price that fits within your budget.
We believe strongly in providing exceptional customer service and focus on educating our clients about their Personal Articles Floater Insurance needs. We’ll review your policy with you to make sure that you understand the coverage limits, deductibles, and other details of the policy. Additionally, we’ll ensure you understand any risks associated with not having enough coverage for what you are insuring.
Contact us today to learn more about how we can help protect your possessions with Personal Articles Floater Insurance in Kansas.
What Does a Personal Floater Insurance Cover in Kansas?
A personal articles floater insurance policy in Kansas is designed to protect the following items:
Keepsakes
Keepsakes are items that hold sentimental value to the insured and can include the following:
- Certificates of authenticity for collectibles
- Family heirlooms and jewelry
- Photographs and photo albums
- Collectibles such as Coins, Comics, Rare stamps or currency, and Sports memorabilia or autographs
- Fine arts such as paintings, sculptures, and prints
- Furs, expensive garments made from animal skins
- Memorabilia such as awards, trophies, and plaques
Equipment
Equipment is often used for business purposes and can include the following:
- Business electronics such as computers, printers, and copiers
- Tools and machinery
- Medical or laboratory equipment
- Construction or agricultural tools
- Musical instruments used in performance or practice
- Communications systems such as radios and satellite dishes
- Sports equipment and recreational items such as camping gear, snowmobiles, and motorized vehicles
- Bicycles and other outdoor activity equipment
- Camera and photography equipment
- Scientific instruments such as telescopes, microscopes, and binoculars.
Health-Related Possessions
Health-related possessions can involve items used for medical care and wellness purposes and may include the following:
- Medical equipment such as wheelchairs, crutches, walkers, or hearing aids
- Adaptive devices for people with disabilities
- Home fitness equipment such as stationary bikes and treadmills
- Mobility scooters or lifts
- Assistive technology devices to help those with physical impairments live more independent lives.
Other Possessions
Other possessions can include items not covered in the above categories and may include the following:
- Books, documents, manuscripts
- Antiques
- Coins or currency collections
- Artwork or paintings
- Firearms or weapons
- Stamp & coin collections
- Model trains & planes
- Collectible toys & dolls
With a personal articles floater insurance policy in Kansas, you can ensure that your valuable and sentimental possessions are protected against loss due to theft or damage. Knowing that your possessions are secure and taken care of can give you great peace of mind.
Levels of Coverage Offered by Kansas Personal Articles Floater Insurance
Kansas personal articles floater insurance is designed to provide coverage for items that are not typically covered by a homeowner’s policy. Coverages under the policy include:
Replacement Cost Coverage
Kansas personal articles floater insurance policies offer replacement cost coverage, which means that the items are covered for their original purchase price or current value. This is important as many possessions depreciate in value over time or become obsolete and will need to be replaced with newer items.
Replacement cost coverage ensures that you can replace your item with a new one without having to pay the difference out of pocket.
Theft and Vandalism Coverage
Kansas personal articles floater insurance also provides coverage for theft and vandalism. This means that if items are stolen from your home or damaged due to a malicious act, you can be reimbursed for their value. This is especially important as many homeowners’ policies do not cover these types of losses.
Worldwide Coverage
Kansas personal articles floater insurance policies offer worldwide coverage. This ensures that regardless of where you travel, your valuable items will be covered in the event of theft or damage. You can have peace of mind knowing that your possessions are safe and secure wherever you go.
Optional Coverages
Kansas residents can also add additional coverages to their personal articles floater insurance policies if needed. These include:
- Inflation Coverage – Most Kansas personal articles floater insurance policies offer inflation coverage as an optional add-on. This helps to protect against the rising cost of replacing items due to inflation and allows you to ensure that your possessions are always covered for their current value.
- Wedding Present Coverage – Many policies also offer wedding present coverage. This allows you to insure gifts that are received at a wedding and provides additional protection for those valuable items.
- Broad Pair and Set Coverage – Many Kansas personal articles floater insurance policies offer broad pair and set coverage for items that are part of a pair or set. This means that even if one item in the pair or set is damaged, stolen, or destroyed, you can be reimbursed for its value plus the value of the other items in the set.
Discounts and Savings on Kansas Personal Articles Floater Insurance
In order to help make personal articles floater insurance more accessible and affordable, many Kansas insurers offer discounts and savings on their policies. Here are some of the most common:
- Multi-policy discount – If you have multiple policies with the same insurance company, you can often receive a discount when adding a personal articles floater policy.
- Age-based discounts – Many companies offer special discounts for seniors (age 55+).
- Loyalty programs – Some companies offer loyalty programs that allow customers to earn rewards points towards future purchases or discounts when they renew their policy each year.
- Bundle packages – Many providers offer bundle packages that can combine multiple policies and discounts for even more savings.
- Online discounts – Some providers offer special discounts for customers who purchase their policy online.
You can save money on your Kansas personal articles floater insurance policy by taking advantage of these discounts and savings. Be sure to compare quotes from multiple providers to find the best deal for your needs.
Having Questions? Contact Us Today.
WINN Insurance Group is here to help you find the right coverage and discounts for your Kansas personal articles floater policy. Our experienced agents can answer any questions you may have about these policies and help you get the best deal that fits your budget.
We are committed to providing excellent customer service and top-notch insurance products so that you can feel secure knowing your valuable items are covered in the event of an unexpected loss.
Don’t hesitate to give us a call or contact us through our website today! With WINN Insurance Group, you’ll be sure to have all the information and peace of mind needed when making an important decision regarding personal articles floater insurance.