Renters Insurance

Although renter’s insurance is not a requirement in North Carolina, whether you are renting a home or an apartment, having that coverage is imperative. A common misconception is that your landlord’s insurance policy will cover your personal belongings while living on the property. However, this is not true. In fact, many landlords will require you to submit proof of renter’s insurance when you sign the leasing agreement for their unit.

Regardless, having renter’s insurance is a no brainer because not only can it protect your belongings from being lost due to a multitude of incidents or theft, but also it provides coverage if a visitor is injured while at your rental apartment, home, or condo. Although renter’s insurance can vary from policy to policy, a typical policy will offer the following:

• Personal liability coverage: Offers coverage up to your policy limits if you are found liable for injuries to someone else or property damage that occurs at the rental unit.
• Personal property coverage: Covers your belongings - whether you are traveling or at home - for incidents such as fire, theft, vandalism, and natural disasters.
• Additional living expenses: If you cannot live in your rental because of a renter’s insurance claim, this benefit will help pay for another place to stay.

Given the cost associated with replacing expensive belongings like furniture, computers, and electronics, renter’s insurance is relatively inexpensive. Just the peace of mind associated with knowing that your belongings are safe is worth the cost of renter’s insurance. For a competitive quote and learn more about your renter's insurance options, contact the friendly and professional team at Fortified Insurance Partners in North Carolina. We’ll help you find the perfect policy for your needs, so give us a call today to schedule a no-obligation consultation.