Definition of "Sign floater insurance"

Endorsement to a business property floater policy that covers neon signs for all perils, both while they are being moved and once they are in place. Signs that are attached to a building can be covered under the underlying property insurance. The sign floater policy provides broader coverage for each sign that is listed on the policy.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

One of the major underwriting organizations for insurance company pools insuring commercial aircraft liability exposure. ...

Process in life insurance by which an applicant who is uninsurable, or is a greater than average risk, seeks to obtain a policy from a company at a standard premium rate. Life insurance ...

Insurance against interruption of supply of goods and services. If firm A depends on firm B for its supply of goods and services, an interruption caused by damage or destruction to B can ...

Security sold by the issuer of the security directly to the purchasing financial institution without the inclusion of the investment banker in this process. Insurance companies are frequent ...

Very junior issues of debt, according to explicit statements in the indenture, which rank after other unsecured debt. ...

Rate of increase in asset value. ...

Frequency of illness, sickness, and diseases contracted. ...

Rating system under which a specific premium rate, rather than a manual or class rate, is assigned to each unit of exposure. ...

Same as term Burglary Insurance: coverage against loss as the result of a burglary. Found as part of the commercial package policy that has generally replaced the special multiperil ...

Popular Insurance Questions