Which statement about the Signs Business Floater is FALSE?

The statement that it does not cover signs belonging to other people that are in the insured's care is accurate, making it the correct choice for being misleading. The Signs Business Floater typically covers signs that are owned by the insured, and generally, it does not provide coverage for signs that the insured is responsible for but does not own. This means that if the insured has taken possession of signage owned by another party, whether for maintenance, storage, or display, those signs would not be covered under their policy.

This characteristic emphasizes the importance of understanding the terms of the Signs Business Floater in relation to ownership and liability. Insured parties need to be aware that coverage is limited to their own property and does not extend to items for which they may have temporary custody but do not own. This distinction is crucial for businesses that frequently handle signs and could face losses related to others' property.