What is the coverage limit for Commercial Plate Glass Coverage for each plate?

Prepare for the New Hampshire Property and Casualty Insurance Exam. Study with flashcards and multiple choice questions, featuring hints and detailed explanations. Ensure you're ready for your test with confidence!

The coverage limit for Commercial Plate Glass Coverage is often set at $100 per plate. This coverage is designed to protect businesses against loss or damage to plate glass windows and doors, which can be critical for the appearance and functionality of a commercial establishment. The $100 limit provides a standardized way for insurers to manage risk and offer coverage for replacement expenses associated with breakages.

Understanding this limit is important, as businesses will need to assess the value of their glass installations and may need to consider whether additional coverage is necessary depending on the size and value of the glass they have. The coverage helps maintain the operational continuity of a business by ensuring that glass breakages can be repaired or replaced without incurring significant out-of-pocket costs.

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