Miscellaneous Property Forms
Glass Coverage Form
Although glass insurance is most usually purchased to cover damage to
plate glass, and the policy is commonly referred to as the Plate Glass
policy, the Comprehensive policy may be used to cover almost every
type of glass, including structural glass, leaded glass, mirrors,
Thermopane, barber poles, burglar alarm foil, Plexiglas, tropical doors,
windows and shutters, glass of special manufacture, etc. A glass policy
also may be used to cover residence glass. In most states, residence
glass also may be insured by endorsement on a policy covering the
residence.
Certain types of art glass, stained glass and stained glass in leaded
windows which are insurable under inland marine forms are not
insurable under glass policies. Neither are half tone screens, lenses,
memorial windows, mosaic art and rotogravure screens.
WHAT IS COVERED
Schedule Policies - Generally, except as indicated below, the policy
schedule lists each item of glass separately with its size in inches, its
description and any lettering or ornamentation, its position in the building
and, where applicable, its limit of insurance.
Blanket Policies - It is also possible to write a glass policy to cover all
glass of a specific type without enumerating each item of glass.
Repairing or Replacing Frames - In addition to covering the described
glass, the Glass policy will also pay for repairing or replacing frames
encasing insured glass, when damage to the glass makes it necessary
to repair or replace the frames.
Temporary Plates-Boarding Up - The policy also will pay for the cost of
installing temporary plates or boarding up openings when made
necessary by unavoidable delay in replacing or repairing insured glass.
This coverage does not extend to the cost of removing or replacing
window displays.
Removing Obstructions - The policy also will pay for the cost of removing
obstructions made necessary in replacing insured glass which has been
broken or damaged.
Debris Removal - The policy will pay the cost of removing debris of
covered property resulting from a covered loss.
NOTE: While the policy is extended to cover the expenses involved in the
four situations listed above, the limit of insurance on any glass with a
specific limit shown is not increased.
Newly Acquired Glass - The policy is extended to cover additional or
changed glass that is of the same type described in the policy at the
same premises, or at another location acquired by the insured. This
coverage is granted automatically but expires 30 days after the
acquisition of the new glass or the new premises, or at policy expiration
or when the new glass is reported to the company. The extension also
applies to lettering or ornamentation acquired under these conditions
provided such property is included for the same type of glass in the
policy schedule.
HAZARDS COVERED
The Glass policy insures against loss caused by breakage or chemicals
applied to glass, subject to the exclusions outlined below.
HAZARDS NOT COVERED
The policy specifically excludes loss, whether caused directly or
indirectly, by any causes of loss enumerated below. Such losses are
excluded whether or not any other event contributes concurrently or in
any sequence to the loss.
Fire - There is no coverage for loss caused by fire.
War, Invasion, Etc. - The policy does not cover loss caused by war;
whether declared or not; invasion; civil war; insurrection; rebellion or
revolution; or to any act or condition incident to any of these perils.
Nuclear Hazard - Loss from nuclear reaction or radiation or radioactive
contamination, however caused, is not covered.
Cracked Glass Endorsement - If a pane of glass is damaged by a crack
or a small hole at the time the insurance is applied for, the company will
attach a special endorsement-the Cracked Glass endorsement. The
endorsement may show a diagram of the crack or describe it verbally.
The policy excludes liability for the existing crack or its extension.
Vacancy - If the building in which the premises is located has been
vacant for more than 60 consecutive days, the policy ceases to provide
coverage, unless a premium for Coverage for Vacant Buildings is shown
in the policy.
FOR HOW MUCH
Actual Cash Value - Except as discussed immediately below, the policy
will pay for loss or damage at the actual cash value of the property, or at
the cost of repairing or replacing the damaged property.
Dollar Limit - Certain types of glass generally are insured for a specific
dollar amount.
Deductibles - Deductibles ranging from $50 to $1,000 per occurrence are
available with an appropriate reduction in rate.
Safety Glazing Material - If a building code or ordinance mandates
replacement of glass with safety glazing materials, the policy will pay the
minimum cost of replacement with such materials.
Company Options - The company, in lieu of paying for the loss in cash,
may repair, rebuild or replace the property with other of like kind and
quality, or take all of the property at the agreed or appraised price.
Within 30 days of receiving the insured's sworn statement of loss the
company will give notice of its intention to settle the loss, i.e., which of
the above options it intends to avail itself.
Insurable Interest - The insurer will not pay more than the insurable
interest of the insured in the property.
INSURED'S DUTIES IN EVENT OF LOSS
Notice to Police - If the insured believes that a law may have been
broken, he must notify the police.
Preserving Property From Further Damage - The insured is obligated to
take all responsible steps to protect the property from further damage.
The insured must keep a record of any expenses incurred in such action
to be used as a guide in settling the loss.
Notice to Company - The insured is to give prompt notice to the company
of the loss and give a description of the property involved and the details
of how the loss occurred.
Cooperation With Company - The insured must cooperate with the
insurance company in the investigation and settlement of a claim under
the policy. The insured must permit the company to inspect the property.
He also must submit to examination under oath in any matter relating to
the loss and sign such statement.
Sworn Statement of Loss - Within 60 days from the date on which the
insurer furnishes the insured with the forms and requests their
completion and return, the insured must file a signed and sworn
statement of loss setting forth the details requested by the company in
connection with the loss.
Optional Coverage - Large Plate Replacement - On plates with an area of
100 square feet or more, the company has the option of replacing such
glass with two or more plates with a combined surface area equal to that
of the described plate. The number of plates will not exceed the number
shown in the policy Declarations or the Glass Coverage Schedule for this
option. If this option is applicable, the company may pay for two smaller
plates whose combined area equals that of the plate being replaced. In
situations of this kind, the company also will pay the expenses of
alterations needed to install the smaller plates.
Glass Coverage Form
Although glass insurance is most usually purchased to cover damage to
plate glass, and the policy is commonly referred to as the Plate Glass
policy, the Comprehensive policy may be used to cover almost every
type of glass, including structural glass, leaded glass, mirrors,
Thermopane, barber poles, burglar alarm foil, Plexiglas, tropical doors,
windows and shutters, glass of special manufacture, etc. A glass policy
also may be used to cover residence glass. In most states, residence
glass also may be insured by endorsement on a policy covering the
residence.
Certain types of art glass, stained glass and stained glass in leaded
windows which are insurable under inland marine forms are not
insurable under glass policies. Neither are half tone screens, lenses,
memorial windows, mosaic art and rotogravure screens.
WHAT IS COVERED
Schedule Policies - Generally, except as indicated below, the policy
schedule lists each item of glass separately with its size in inches, its
description and any lettering or ornamentation, its position in the building
and, where applicable, its limit of insurance.
Blanket Policies - It is also possible to write a glass policy to cover all
glass of a specific type without enumerating each item of glass.
Repairing or Replacing Frames - In addition to covering the described
glass, the Glass policy will also pay for repairing or replacing frames
encasing insured glass, when damage to the glass makes it necessary
to repair or replace the frames.
Temporary Plates-Boarding Up - The policy also will pay for the cost of
installing temporary plates or boarding up openings when made
necessary by unavoidable delay in replacing or repairing insured glass.
This coverage does not extend to the cost of removing or replacing
window displays.
Removing Obstructions - The policy also will pay for the cost of removing
obstructions made necessary in replacing insured glass which has been
broken or damaged.
Debris Removal - The policy will pay the cost of removing debris of
covered property resulting from a covered loss.
NOTE: While the policy is extended to cover the expenses involved in the
four situations listed above, the limit of insurance on any glass with a
specific limit shown is not increased.
Newly Acquired Glass - The policy is extended to cover additional or
changed glass that is of the same type described in the policy at the
same premises, or at another location acquired by the insured. This
coverage is granted automatically but expires 30 days after the
acquisition of the new glass or the new premises, or at policy expiration
or when the new glass is reported to the company. The extension also
applies to lettering or ornamentation acquired under these conditions
provided such property is included for the same type of glass in the
policy schedule.
HAZARDS COVERED
The Glass policy insures against loss caused by breakage or chemicals
applied to glass, subject to the exclusions outlined below.
HAZARDS NOT COVERED
The policy specifically excludes loss, whether caused directly or
indirectly, by any causes of loss enumerated below. Such losses are
excluded whether or not any other event contributes concurrently or in
any sequence to the loss.
Fire - There is no coverage for loss caused by fire.
War, Invasion, Etc. - The policy does not cover loss caused by war;
whether declared or not; invasion; civil war; insurrection; rebellion or
revolution; or to any act or condition incident to any of these perils.
Nuclear Hazard - Loss from nuclear reaction or radiation or radioactive
contamination, however caused, is not covered.
Cracked Glass Endorsement - If a pane of glass is damaged by a crack
or a small hole at the time the insurance is applied for, the company will
attach a special endorsement-the Cracked Glass endorsement. The
endorsement may show a diagram of the crack or describe it verbally.
The policy excludes liability for the existing crack or its extension.
Vacancy - If the building in which the premises is located has been
vacant for more than 60 consecutive days, the policy ceases to provide
coverage, unless a premium for Coverage for Vacant Buildings is shown
in the policy.
FOR HOW MUCH
Actual Cash Value - Except as discussed immediately below, the policy
will pay for loss or damage at the actual cash value of the property, or at
the cost of repairing or replacing the damaged property.
Dollar Limit - Certain types of glass generally are insured for a specific
dollar amount.
Deductibles - Deductibles ranging from $50 to $1,000 per occurrence are
available with an appropriate reduction in rate.
Safety Glazing Material - If a building code or ordinance mandates
replacement of glass with safety glazing materials, the policy will pay the
minimum cost of replacement with such materials.
Company Options - The company, in lieu of paying for the loss in cash,
may repair, rebuild or replace the property with other of like kind and
quality, or take all of the property at the agreed or appraised price.
Within 30 days of receiving the insured's sworn statement of loss the
company will give notice of its intention to settle the loss, i.e., which of
the above options it intends to avail itself.
Insurable Interest - The insurer will not pay more than the insurable
interest of the insured in the property.
INSURED'S DUTIES IN EVENT OF LOSS
Notice to Police - If the insured believes that a law may have been
broken, he must notify the police.
Preserving Property From Further Damage - The insured is obligated to
take all responsible steps to protect the property from further damage.
The insured must keep a record of any expenses incurred in such action
to be used as a guide in settling the loss.
Notice to Company - The insured is to give prompt notice to the company
of the loss and give a description of the property involved and the details
of how the loss occurred.
Cooperation With Company - The insured must cooperate with the
insurance company in the investigation and settlement of a claim under
the policy. The insured must permit the company to inspect the property.
He also must submit to examination under oath in any matter relating to
the loss and sign such statement.
Sworn Statement of Loss - Within 60 days from the date on which the
insurer furnishes the insured with the forms and requests their
completion and return, the insured must file a signed and sworn
statement of loss setting forth the details requested by the company in
connection with the loss.
Optional Coverage - Large Plate Replacement - On plates with an area of
100 square feet or more, the company has the option of replacing such
glass with two or more plates with a combined surface area equal to that
of the described plate. The number of plates will not exceed the number
shown in the policy Declarations or the Glass Coverage Schedule for this
option. If this option is applicable, the company may pay for two smaller
plates whose combined area equals that of the plate being replaced. In
situations of this kind, the company also will pay the expenses of
alterations needed to install the smaller plates.
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MY Insurance Agency
The materials on this website are meant to
be informative in nature. Due to the ever
changing and varying state laws, and the fact
some insurers offer coverage in slightly
different forms from the Insurance Services
Office (ISO) standard forms, we cannot
guarantee the accuracy of the materials on
this page.
be informative in nature. Due to the ever
changing and varying state laws, and the fact
some insurers offer coverage in slightly
different forms from the Insurance Services
Office (ISO) standard forms, we cannot
guarantee the accuracy of the materials on
this page.