Common use of Insurance and Security Type Systems Clause in Contracts

Insurance and Security Type Systems. OWNER DOES NOT PROVIDE ANY TYPE OF INSURANCE WHICH WOULD PROTECT THE RENTER’S VEHILCE OR PERSONAL PROPERTY IN THE VEHICLE FROM LOSS BY FIRE, THEFT, DAMAGE FROM OTHER RENTERS’ ACTIONS, OR ANY OTHER TYPE CASUALTY LOSS. Renter shall, at his/her sole expense, maintain insurance on the Vehicle stored in the Rented Space with replacement cost coverage against all perils, without exception, purchased from a licensed insurance agent in the State of Indiana at all times during storage. Vehicle insurance is