Finance Quick Answers
What is a rider to an insurance policy?
A rider is simply a separate document that has special provisions not included in the main policy it is attached to. If you have special property not covered under your homeowners policy, like a valuable jewelry collection for example, you can purchase a rider to the main policy to cover the special property.
Brenda Procter, M.S., Consumer and Family Economics, College of Human Environmental Sciences, University of Missouri-Columbia
If you'd like to learn more about this and other personal finance topics, the University of Missouri offers 'Personal & Family Finance,' a correspondence course, through the Center for Distance and Independent Study (800-609-3727). Information about this course is available at http://cdis.missouri.edu/CourseInfo/DetailCourseInfo.asp?1985.
Last update: Monday, July 21, 2008