Riders usually deal with
areas of coverage excluded from standard offerings, and as such they improve coverage but also increase premium costs.
Not exact matches
Insurance companies have also started
excluding coverage for damage from windstorms, and by «windstorms» they mean hurricanes, tornadoes and hailstorms (and how many
of us don't live in an
area prone to windstorms?).
The
coverage may be
excluded in certain parts
of the Gulf Coast as well as
areas that are at high risk
of hurricane damage.
This type
of coverage, also known as HO6 insurance, is a special form
of homeowners insurance that
excludes certain
areas most homeowners must insure such as the parking
areas, outbuildings and grounds.