Which type of insurance is intended to cover property moving from one location to another?

Floaters are specifically designed to provide coverage for property that is in transit or being transported from one location to another. This type of insurance is particularly useful for items that may not be adequately covered by standard property insurance policies, which typically cover risks associated with property at a fixed location. Floaters can apply to a variety of personal or business property, such as jewelry, art, or equipment, allowing for broader protection during travel.

In contrast, commercial insurance refers to a wide range of policies designed to protect businesses from various risks, while general liability insurance specifically protects against claims of bodily injury or property damage that arise out of business operations. Property insurance mainly covers physical assets at a specific location, without focusing on items in transit, thus highlighting why floaters are the most appropriate choice for this scenario.