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What is Covered Under Renters’ Insurance Policy?

Renter's insurance is a type of policy that provides coverage for the belongings inside a rented home. The term "renter's insurance" is used because tenants typically purchase this type of insurance to safeguard their personal possessions within the rental property. Rider Insurance is an independent insurance agency that provides renters insurance in Maryland.

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What is Covered Under Renters’ Insurance Policy?

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  1. What is Covered Under Renters’ Insurance Policy?

  2. An Overview Renter's insurance is a type of policy that provides coverage for the belongings inside a rented home. It falls under home insurance plans specifically designed to protect the contents of a residence. The term "renter's insurance" is used because tenants typically purchase this type of insurance to safeguard their personal possessions within the rental property. Rider Insurance is an independent insurance agency that provides renters insurance in Maryland.

  3. 01 Coverage for The Contents of the Home Coverage for Financial Liability Coverage for Special Assets A renter's insurance policy offers coverage that can be divided into the following categories: 02 03

  4. Coverage for The Contents of the Home A renter's insurance policy provides coverage for the belongings within a home, protecting them against various risks such as fire, theft, natural disasters, human-caused incidents, electrical breakdowns, and accidental damages.

  5. Coverage for Financial Liability In addition to protecting the contents of the home, a renter's insurance policy also includes coverage for the legal liability that a tenant may face in the event of someone getting injured on the premises. For example, if an individual who is not the tenant, their family, or the landlord sustains an injury while at the tenant's home, the tenant could be held financially responsible for the injured person's medical expenses. This type of legal liability is also encompassed within a renter's insurance policy.

  6. Coverage for Special Assets This coverage extends to protect the tenant's valuable possessions, which may include high-value items such as jewelry, expensive electronics, artwork, and collectibles. These assets are safeguarded against potential damage caused by natural or human-induced disasters, as well as theft.

  7. Thanks Contact Us info@riderins.net​​​ +1 (410) 828-1555​​​ www.riderins.net

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