How many days of automatic coverage does the fine arts floater provide for newly acquired items?

The fine arts floater provides 90 days of automatic coverage for newly acquired items. This provision is particularly important for collectors or individuals who frequently enhance their collections, as it allows them to add new pieces without needing to notify the insurer immediately or wait for additional coverage to take effect. During this 90-day period, the newly acquired fine arts items are typically covered for an amount equal to the limit specified on the floater, ensuring that collectors have adequate protection during this time of transition. This built-in flexibility can be highly beneficial, offering peace of mind to policyholders as they acquire new items for their collections.