Uploaded on Jan 18, 2023
Having a renter’s insurance policy can help you cover your losses as well. Rider Insurance is an independent insurance company that provides renters insurance in Maryland.
4 Good Reasons to Get Renter’s Insurance
4 Good Reasons to Get
Renter’s Insurance
AN OVERVIEW
Whether you are renting a home or an apartment, you will
require renter’s insurance policy to protect your belongings.
Having a renter’s insurance policy can help you cover your
losses as well. Rider Insurance is an independent insurance
company that provides renters insurance in Maryland. Clearly,
there are many advantages of investing in a renter’s insurance
policy.
Let’s Dive into Some Good Reasons to
Get Renter’s Insurance:
01 Covers Losses to Personal Property
02 It’s Relatively Affordable
03 It Provides Liability Coverage
04 It May Cover Additional Living Expenses
Covers Losses to Personal Property
Having a renter’s insurance policy provides coverage against financial
losses to your personal property including jewelry, clothes, computers,
luggage, electronics, and furniture. In fact, if you don’t own much
things, you will get a lot more than you even realize.
A Few Things That Renters’ Insurance
Policy Covers Are:
● Damage caused by vehicles
● Damage caused by aircraft
● Falling Objects
● Explosion
● Volcanic Eruption
● Vandalism or Malicious Mischief
● Smoke
● Theft
● Riot or Civil Commotion
● Windstorm or hail
It’s Relatively Affordable
According to a recent survey report by the National Association of
Insurance Commissioners, the average renter’s insurance policy costs
$15 to $30 a month. However, the cost may vary depending on factors
like type of coverage, location and more.
It Provides Liability Coverage
Liability coverage is also included in standard renter’s insurance
policies. A majority of renter’s insurance policy provides at least
$100,000 of liability coverage.
It May Cover Additional Living Expenses
The best part is that renter’s insurance policy provides coverage
against additional living expenses. Certainly, one should definitely
invest in renter’s insurance policy.
THANKS!
Contact Us
[email protected]
+1 (410) 828-1555
www.riderins.net
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