What Does Plate Glass Insurance Mean?
Plate glass insurance is coverage for damage to large panes of glass used in commercial buildings, such as shop windows used for storefront displays. Standard plate glass insurance policies will only cover accidental breakage and may exclude coverage for glass that is broken due to fire or improper installation.
Insuranceopedia Explains Plate Glass Insurance
Glass used as windows or for ornaments in shops can be very costly, with a single pan running as high as $650. If a shop considers glass as its prominent feature or if it sells items that need it as a major component, then plate glass insurance might accompany commercial property insurance or it can be added as a special rider.
A plate glass insurance policy may have a number of exclusions. It may not cover for damage caused by natural perils like storm and earthquake. It may not also cover other components that are part of the glass installation such as a damaged metal frame meant to hold the window pane in place.