An affordable way to safeguard the expensive equipment you carry with you.

Does valuable property leave your workplace?

A floater covers movable expensive items your property insurance won’t if they’re damaged, lost or stolen. What’s covered by a floater?

Movable business property: Replaces your item at full value – even if you don’t know what happened

Personal valuables: Compensates employees’ items that end up stolen

Installation of property: Covers damage or theft of property you’re installing for a customer

There are many kinds of floaters that could be right for your business. We’ll help you find the right policy at the best price.

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Fast facts about Commercial Floaters

First things first. Why is it called a "Floater"?

Because it covers property that "floats" (moves from one place to another). Usually, a standard property policy covers your physical space and the things in it.

Do I need a floater if I perform work outside my office?

It's a good idea if you regularly take expensive equipment outside (like a photographer on a shoot) or perform installation work at someone else's location – where your equipment or the property you're installing could get damaged.

How does a floater help me if I'm selling equipment?

Let's say you sold your industrial laser to someone who's making monthly payments to you but then wrecks the property and says the deal's off. An Installment Sales Floater reimburses what you're still owed.

Looking for online accounting?

Fill out the quick form below to learn how Mylo's expert partner (and the world's largest virtual accounting firm) 1-800Accountant can help you:

Set up your business entity
Get your largest tax refund
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Activate virtual bookkeeping

Want a financially healthier business?

Our expert partner Nav can match you with the best available credit card or loan – and may be able to improve your credit score through Nav Prime.

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Mylo dejargonizes floaters

And other expert info for business owners

Insurance Dejargonizer: Floater

Need help Dejargonizing your insurance questions? Mylo offers easy-to-read, entertaining advice

When should I shop for a BOP?

Good news: if you’re a BOP holder, you always get the “special” top tier of business insurance. You’re platinum, baby! Learn more benefits & options.

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Did you know more than half of small businesses will experience a cyberattack or data breach?

The right coverage? Surprisingly simple.