• Unplanned write-offs are in addition to an insurance policy covering a general group of items that have not been valued and listed separately.
  • There is usually a set coverage limit and set deductible for property under an unscheduled float.
  • The cost of a float is usually much less than the original premium on an insurance policy, but it increases the total premium.
  • An unplanned property float is the opposite of a scheduled property float that lists all the different properties and their values.
  • Items that may be covered by unscheduled property insurance include clothing, jewelry, high-end electronics and sports equipment.