Restaurants, auto repair shops, real estate offices and nearly all other businesses have signs that tell their customers their name, address, hours of operation and so on. Signs may be simple or complex and many businesses typically use lighted signs. The Sign policy created by Insurance Services Office is available to insure against the loss or destruction of signs, including fluorescent, neon, automatic or mechanical sign. Coverage also extends to lamps. However, fixed, non-lighted signs (such as billboards) are not eligible under a sign policy, even if they are illuminated by separate electric lights.
The Insurance Family Blog
A commercial property insurance policy can usually be depended upon to handle direct loss to structures, equipment and related property that are owned by a restaurant or other food service business. However, what happens when weather conditions take a turn for the worse and cause indirect damage by knocking out utility services to your establishment? Examples of losses include damage by heat-induced transformer breakdowns; or broken power lines, including compressors, motors and switches, which could result in food spoilage.