Which of these losses would typically be excluded from a Personal Articles Floater?

The exclusion of losses for items sold but not delivered in a Personal Articles Floater is rooted in the nature of the insurance contract. Personal Articles Floaters provide coverage for personal property specifically listed by the policyholder, and typically cover risks such as theft, damage, and certain perils for those items. However, once an item is sold, it no longer belongs to the policyholder; therefore, coverage would not apply to losses regarding items that have not yet been delivered to the buyer. This aligns with the principle of insurable interest, which states that to be insured, the policyholder must have a legal interest in the property at the time of the loss.

In contrast, other choices deal with scenarios involving items still owned by the policyholder and thus fall under the protections provided by a Personal Articles Floater. Loss of stolen jewelry, accidental damage to collectibles, and accidental loss of equipment are all events that could affect items that are still in the possession of the policyholder, making them eligible for coverage under this insurance type.