Plate Glass Insurance
What Does Plate Glass Insurance Mean?
Plate glass insurance provides coverage for damage to large panes of glass commonly used in commercial buildings, such as storefront display windows. Standard plate glass insurance policy typically cover accidental breakage but may exclude coverage for glass damaged by fire or improper installation.
Insuranceopedia Explains Plate Glass Insurance
Glass used for windows or ornamental purposes in shops can be very expensive, with a single pane costing as much as $650. If a shop features glass prominently or sells items that rely on it as a major component, plate glass insurance may be purchased alongside commercial property insurance or Real Property added as a special rider.
A plate glass insurance policy may include several exclusions. It may not cover damage caused by natural perils like storms or earthquakes, nor may it cover other components of the glass installation, such as a damaged metal frame used to hold the window pane in place.
