Glass Insurance (Personal and Commercial)

Glass is a crucial element in both residential and commercial structures, providing aesthetic charm, functionality, and natural light. Yet, its susceptibility to breakage presents a notable financial risk—kind of like that feeling when you drop your phone and hope the screen didn’t crack. This highlights the value of glass insurance. At Merit Insurance, we understand this risk and offer comprehensive coverage to address it. In this article, we’ll explore the significance of glass insurance, focusing on both Personal and Commercial Glass Breakage Insurance.

What is Glass Insurance?

Glass insurance, whether for personal or commercial properties, is designed to cover the costs associated with repairing or replacing glass that has been damaged due to accidental breakage. This can include windows, doors, skylights, and other glass elements that are integral to your property.

Personal Glass Insurance:

Personal Glass Breakage Insurance is designed to protect homeowners and renters from the financial burden of glass damage. Whether it’s a broken window from a stray ball or other accidental damage, this insurance provides peace of mind for just pennies a day—because who knew your neighbour’s kid had a future in the MLB?

At Merit Insurance, our Personal Glass Breakage Insurance offers top-tier coverage globally, priced at only $60 annually through our partnership with Beck Glass Shield Inc. This coverage protects your home’s glass without impacting your property insurance, offering options of zero deductible or a $250 deductible for condos above the 3rd floor. Our comprehensive service extends to covering all exterior glass, decorative glass*, skylights, and acrylic dome skylights.

Additionally, our policy includes coverage for outbuildings, and rentals, with no maximum square footage limit. With a generous $25,000 annual aggregate limit and no impact on home insurance premiums, deductibles, or claims-free discounts, our Personal Glass Breakage Insurance stands out for its extensive coverage and affordability.

*Damage to decorative/designer glass is covered either through replacement with clear glass or a 100% payout of the clear glass cost.

Commercial Glass Insurance:

Commercial establishments such as retail storefronts, warehouses, and industrial parks heavily rely on glass for daily operations. Any damage to these glass components can disrupt business activities and lead to financial losses. This is where Commercial Glass Breakage Insurance plays a crucial role. Merit Insurance offers tailored coverage for commercial properties, featuring competitive premiums starting from just $12.50 monthly and a $100 deductible. Our product lines encompass all exterior glass needs for retail storefronts, warehouses, apartment buildings, townhouse complexes, and more! Most high-risk locations don’t require an on-site inspection, ensuring swift and low-cost policy issuance.

Benefits of Commercial Glass Breakage Insurance

• 24/7 Claim Service: Businesses can secure their premises promptly, minimizing potential security risks with our round-the-clock claim service.
• Affordable Premiums: Enjoy comprehensive coverage while maintaining budgetary constraints with our competitive premium rates.
• No Reports to Claims Databases: Our policy protects against potential increases in commercial insurance premiums and deductibles by avoiding reports to shared claims databases.
• High Annual Aggregate Limit: Businesses benefit from a substantial $10,000 annual aggregate limit, providing reassurance against significant glass breakage events.

Understanding Coverage Exclusions

While glass insurance offers essential protection against accidental breakage caused by direct physical impact, it’s important to be aware of its limitations. Typical exclusions include damages such as marring, scratching, abrasion, chipping, etching, graffiti, and failed sealed units. These are generally not covered under standard glass insurance policies. To ensure clarity on what is covered and what isn’t, individuals and business owners should carefully review the policy terms and conditions with their Merit broker.

So there you have it! Glass insurance might not make you unbreakable, but it certainly gives you a solid safety net for when your glass decides it needs a break. Keep your windows, doors, and skylights protected with Merit Insurance, and laugh in the face of accidental breakage. Well, maybe not laugh… but you get the idea. Contact your Merit broker today to discover the Merit Difference!