What is the coverage limit for breakage of glass by vandalism under the Broad Form?

The correct answer provides a specific coverage limit under the Broad Form regarding breakage of glass caused by vandalism. Under this form, the insurance policy stipulates that the limit is set at $100 per plate of glass, with a maximum payout of $500 for any single occurrence. This means that if there is an incident where several plates of glass are vandalized, the insurer will pay up to $100 for each plate broken, but the total for the entire event cannot exceed $500.

This particular coverage is essential for businesses and properties that rely heavily on glass fixtures, as it helps to address potential losses that could arise from vandalism. It is important to understand the nuances of various coverage limits, as they can directly influence financial protection during unexpected events. Policies like these are designed to provide valuable protection while managing risk through clearly defined limits.

The other options present different limits that do not align with standard terms found under the Broad Form, which is why those choices are not applicable in this scenario.