Exterior Building Glass

We will pay for direct physical loss of or damage to glass, including lettering or ornamentation, that is part of the exterior of a covered building or structure at the described premises. The glass must be owned by you, or owned by others but in your care, custody or control. We will also pay for necessary:

1. Expenses incurred to put up temporary plates or board up openings;
2. Repair or replacement of encasing frames; and
3. Expenses incurred to remove or replace obstructions.We will not pay for loss or damage caused by or resulting from:

1. Wear and tear;
2. Hidden or latent defect;
3. Corrosion; or
4. Rust.

The most we pay under this Additional Coverage is the Building Limit of Insurance shown in the Declarations. However, if you are a tenant and no Limit of Insurance is shown in the Declarations for Building property, the most we will pay under this Additional  Coverage is the Tenant's Exterior Building Glass Limit of Insurance shown in the Declarations.