What kind of signs fall under the exclusions of a BPP policy?

The correct answer identifies that outdoor signs not attached to the building are excluded under a Business Personal Property (BPP) policy. This exclusion is significant because BPP policies primarily cover personal property located on the insured premises; however, certain types of property, particularly those not physically connected to the building itself, tend to fall outside the coverage parameters.

Outdoor signs often present unique risks and involve different types of hazards, prompting insurers to exclude them from standard property coverage. Such non-attached signs can be susceptible to weather damage, vandalism, or other forms of loss, which is why insurers might specifically delineate coverage boundaries regarding outdoor signage that is not affixed to the insured structure.

In contrast, signs that are attached to the building, such as attached outdoor signs or neon business signs, may be covered as these are considered part of the building’s property and therefore reflect a greater permanence and connection to the premises. Indoor advertising materials are less likely to be part of the exclusions under a BPP policy, as they are generally covered when they are used in conjunction with the business's operations.