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| If you rent an apartment or own a condominium, you need North Carolina apartment insurance to protect your belongings. While your landlord or condo association might have insurance, it only protects the building. Your belongings are not covered under those policies. A renters insurance policy will protect your belongings |
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| Our partner offers North Carolina apartment insurance products tailored to the needs of residents in each state we serve. Please visit our partner's website to learn more about a renters insurance policy |
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| North Carolina Apartment Insurance should be purchased when renting due to the numerous liabilities when renting, whether alone or another roommate. Renters insurance or tenant insurance can provide coverage for possessions against theft, fire and other damages, and even coverage for guests and roommates if an accident should occur. |
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| All too often, renters don't understand that they're responsible if an accident, injury or damages occur. Many renters don't know that renter's insurance exist. Others simply just never get around to buying North Carolina apartment insurance or opt to take their chances that mishaps will swerve around them. |
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| In considering the type of North Carolina apartment insurance to purchase, consider a replacement-cost policy. With a replacement-cost policy your renters insurance policy would foot the bill for you to buy new items that were lost or damaged. A replacement-cost policy will increase your premium slightly, but it can be well worth it. |
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| North Carolina apartment insurance policies have limits on reimbursement for expensive items. If you have computer or stereo equipment or costly jewelry, you may want to insure those separately. If you have items of great sentimental value, they obviously can't be replaced and you should put them in a safe deposit box. Make sure you discuss your expensive items with your agent when purchasing renters insurance |
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| Why don't more renters carry North Carolina apartment insurance against possible financial losses? Apartment owners and managers and insurance industry executives said most renters believe -- erroneously so -- that they don't need renter's insurance because the property owner is required to take care of any losses they may suffer. |
