Definition: The term "erie insurance" refers to a type of insurance that covers natural disasters or accidents related to buildings, such as fires, floods, earthquakes, storms, etc. "Rider" in English means an individual who provides service or assistance to another person, typically for rent or hire purposes. In the context of insurance terminology, "Rider" is often used interchangeably with "insurer." The term "Rider Insurance" refers to a type of insurance that covers losses incurred by the insured (the rider) due to acts performed by third parties, such as storm damage. The word "erie" in English means "to bring something into existence." In the context of insurance terminology, "Rider Insurance" is often used interchangeably with "insurer." The term "Rider Insurance" refers to a type of insurance that covers losses incurred by the insured (the rider) due to acts performed by third parties, such as storm damage.
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