Comprehensive Glass Insurance
What Does Comprehensive Glass Insurance Mean?
Comprehensive glass insurance is a type of coverage that offers financial protection against glass breakage caused by almost any peril, except for war and fire in most cases. This insurance has largely been replaced by a glass coverage form.
Insuranceopedia Explains Comprehensive Glass Insurance
Perils covered by comprehensive glass insurance may include vandalism, natural disasters, and extreme weather. For many businesses, this type of insurance may not be cost-effective unless they own real property with numerous windows. When glass protection is included in a policy today, it typically falls under one of the types of commercial property insurance that also covers the building itself and business contents. For instance, a large warehouse with extensive glass windows located in an earthquake zone may find it worthwhile to purchase this coverage, as the potential losses from glass breakage could be substantial. Whether it’s worth adding this protection depends on the size of the glass exposure and the property’s location, both of which feed into a business’s overall small business insurance cost.
