Which of the following is an example of a property that might require a floater?

A floater policy is designed to provide insurance coverage for specific high-value items that may not be adequately covered under a standard homeowner's or property insurance policy. These items usually have a higher risk of loss or damage and may need individual attention for their value.

In this context, a personal item like a ring often falls under the category of valuable personal property that can be excluded or have limited coverage in standard policies. Because of the high value and specific risks associated with jewelry, obtaining a floater specifically covers such items against risks that are not typically covered in homeowners insurance.

For example, if the ring is lost, stolen, or damaged, the floater ensures that the full value of the ring is protected. This is important because personal property insurance may impose limits on payouts for jewelry, necessitating the need for a policy that offers a higher limit and broader coverage options designed specifically for valuable items.

Other items like a vintage car or a newly purchased home could also require specialized insurance, but they would typically be covered under auto policies or standard homeowner's insurance respectively. A boating accessory may or may not require a floater depending on the type and value of the item, but it does not quite match the common necessities for indoor personal property as jewelry does.