Business insurance signage
Signboard insurance is a type of third-party liability insurance, but it focuses on the specific risks associated with large structures. Signboards aren’t just susceptible to being blown down by strong winds; if they fall on a car or someone, the claim for damages can easily reach millions of baht. Here are the details you need to know:Two main coverage parts.
Typically, advertising sign insurance provides coverage as a “package” as follows:- Part 1: The Advertising Sign itself (Material Damage) – Covers damage to the sign from natural disasters (storms, lightning, hail). – Covers damage from fire or explosion. – Covers damage from collisions/impacts by vehicles or animals. – Covers damage from theft (with signs of forced entry or structural cutting).
- Part 2: Third-Party Liability