What Does Theatrical Floater Mean?
A theatrical floater is a type of insurance coverage for props, equipment, costumes, and other materials used for plays or theatrical productions. It provides coverage for fire, windstorm, lightning, explosion, theft, and smoke. It also covers such risks as flood, collapse of bridges, vehicle derailment or damage, stranding and sinking of vessels, and aircraft crash.
A theatrical floater is also referred to as a theatrical property floater.