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Renters insurance policy can help you protect your belongings from damage, loss, or destruction due to fires, burglaries, tornadoes, and other events. Apart from this, renters insurance protects your liability when you rent your property to someone. Rider Insurance is an independent insurance company that offers renters insurance in Maryland.
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AN OVERVIEW Are you renting your home or apartment? If yes, then you need an insurance policy to cover your belongings. Having a renters insurance policy can help you protect your belongings from damage, loss, or destruction due to fires, burglaries, tornadoes, and other events. Apart from this, renters insurance protects your liability when you rent your property to someone. Rider Insurance is an independent insurance company that offers renters insurance in Maryland.
01 Following are some reasons why you should invest in a renter’s insurance policy: 02 03 It covers losses to personal property It provides liability coverage It covers your belongings when you travel
It covers losses to personal property A renter’s insurance policy provides coverage against losses to your property and personal things including jewellery, clothes, luggage, furniture, computers, and electronics. It covers losses from perils like explosion, smoke, falling objects, damage caused by aircraft, damage caused by vehicles, riots or civil commotion, volcanic eruption, vandalism, and more.
It provides liability coverage A standard renter’s insurance policy provides liability coverage as well. If someone in your home got injured, then renters insurance can help you with all the expenses. However, renters insurance doesn’t cover losses caused by intentional acts and your negligence.
It covers your belongings when you travel Renter’s insurance gets your personal belongings covered while you are away. Although, you may have to check your policy and ask your insurance agent first. For an instance, if your jewellery gets stolen while attending a wedding then your renters' insurance policy will bear the loss. In simple terms, you don’t need to get worried about your belongings.
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