Sign Damage

Greetings to all,

Sign Damage
As you can see by the pictures attached this looks to be a minor loss.  However, after everything is said and done,  it is approximately north of $13,000.  NEVER underestimate the cost of repairs and/or rebuild.  As you are all aware, the technology age is well upon us and with that comes more expenses. These new Signs can range from $5,000 to $40,000.  So how well are you covered for your signs?? Typically a policy will have limited coverage for Signs, a $1,000 limit, $2500 limit, etc.,  or it may not have coverage at all.  
Therefore, it is very important for you to look at your policy closely and make sure you have enough coverage for a total Sign loss.

Yes, the Auto Insurance on the vehicle that caused the damage is at fault,  however ,  if the vehicle owner has “minimum coverage “, in the State of California, this means he only has $5,000 for Property Damage or even worse he has no coverage at all.  This is why you need to protect you Sign/s fully on YOUR policy.

One last bit of good news,  if you scroll down to “Issue V” you will see we discuss “Wear & Tear”. Keep in mind that usually your Sign is being hit by sprinklers to water the plants. Although that helps the appearance of your Facility it also causes water damage / rust.
If the Signage falls down because of a poor maintenance program there will be NO coverage.  We recommend a once a year maintenance to sand and repair these troubled areas.

Thank you for your continued business!