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, like a valuable jewelry collection for example, not covered under your homeowners policy, 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: Tuesday, July 05, 2005