Professional photographers and musicians typically insure their equipment using which type of policy?

Professional photographers and musicians typically insure their equipment using a commercial articles floater. This type of policy is designed specifically for businesses and professionals to cover portable items such as cameras, musical instruments, and other specialized equipment that may not be adequately covered under a standard commercial property policy.

The commercial articles floater provides broader coverage and is tailored to the unique needs of professionals who rely heavily on their equipment for their work. It protects against losses due to theft, damage, or other risks, ensuring that professionals can replace or repair their essential tools without significant financial difficulty.

In contrast, the personal articles floater is generally intended for individual personal belongings, not for commercial use. A homeowners policy typically covers personal property within a home but may not fully cover specialized equipment or business-related items when they are used outside the home. A commercial liability policy focuses on liability issues rather than insuring physical equipment. Therefore, the commercial articles floater is the most suitable policy for professional photographers and musicians to protect their valuable equipment.