Commercial Property Floater

AAA

DEFINITION of 'Commercial Property Floater'

A specific type of floater that is attached to an insurance policy. Commercial property floaters offer protection for business property that is not contained at a fixed location. These floaters are attached to base property insurance policies.

INVESTOPEDIA EXPLAINS 'Commercial Property Floater'

Commercial property floaters are used by many types of businesses that must use their property at various locations. Construction companies are an example of a business that needs this type of coverage. Any firm that must use equipment on-site would be a candidate for a property floater.

RELATED TERMS
  1. Wedding Presents Floater

    A type of insurance that can be added to a renter's or homeowner's ...
  2. Valuable Papers Insurance

    A special type of property-casualty insurance. Valuable papers ...
  3. Commercial Property Insurance

    Insurance that is used to cover any type of commercial property. ...
  4. Commercial Health Insurance

    A type of health insurance that covers medical expenses and disability ...
  5. Business Crime Insurance

    An insurance policy that companies purchase to ensure protection ...
  6. Premium

    1. The total cost of an option. 2. The difference between the ...
Related Articles
  1. Professionals

    5 Services To Usher In New Clients

    Discover ways in which advisors are increasingly choosing to promote their businesses.
  2. Taxes

    Deducting Disaster: Casualty And Theft Losses

    If you've been a victim, your losses may be deductible. Find out how.
  3. Home & Auto

    Insure Your Future With A Career As An Actuary

    If you've got excellent math skills, they can add up to a lucrative career as an actuary.
  4. Insurance

    Is Insurance Underwriting Right For You?

    If you have excellent analytical skills and an eye for detail, this may be your calling.
  5. Insurance

    Do You Need Casualty Insurance?

    Find out how different types of coverages can protect you and which policy is right for you.
  6. Professionals

    What's the average salary of an actuary?

    Get insight into the intriguing career of risk analysis and forecasting. How much do actuaries make, and how is this field expected to fare in the coming years?
  7. Insurance

    How to Use a Waiver of Subrogation

    A waiver of subrogation means that a party to a contract waives the right to allow someone (usually an insurance company) to sue the other party to the contract in case of a loss.
  8. Retirement

    What is an equity-indexed annuity?

    Understand what an equity-indexed annuity is, its advantages and disadvantages, and how it differs from other annuity investments.
  9. Insurance

    What are some examples of unexpected exclusions in a home insurance policy?

    Learn about commonly excluded perils with different standard insurance policies. Explore events that homeowners should consider when purchasing insurance.
  10. Insurance

    What are the tax implications of a life insurance policy loan?

    Learn the instances in which you are required to pay taxes on a life insurance policy loan, so you can avoid making a costly mistake.

You May Also Like

Hot Definitions
  1. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
  2. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
  3. Federal Funds Rate

    The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution ...
  4. Fixed Asset

    A long-term tangible piece of property that a firm owns and uses in the production of its income and is not expected to be ...
  5. Break-Even Analysis

    An analysis to determine the point at which revenue received equals the costs associated with receiving the revenue. Break-even ...
  6. Key Performance Indicators - KPI

    A set of quantifiable measures that a company or industry uses to gauge or compare performance in terms of meeting their ...
Trading Center