What does Street Clock Floater mean? Read on to discover the definition & meaning of the term Street Clock Floater - to help you better understand the language used in insurance policies.
Street Clock Floater
A street clock floater is an endorsement or extra insurance that provides protection for an outside clock. Unless the policy specifically excludes certain risks, the floater offers coverage for all risks, such as theft, loss during transit, and vandalism. Businesses that have a valuable clock attached to their building or on its premises typically opt for this coverage.
We hope the you have a better understanding of the meaning of Street Clock Floater.