The housing market may be rebounding, and jobs may be more plentiful than they were a handful of years ago, but the recession is still quite fresh in many North Carolina minds. Because of this, renting is becoming a popular option for many regardless of age. For those who favor renting over owning, renter’s insurance is something that needs to be considered. Renter’s insurance can ensure you and your property are protected, and being one of the most affordable types of insurance, it can provide peace of mind at very little cost.
According to studies, the average renter will own over $20,000 in assorted property. This could include furniture, clothing, jewelry, toys, or any other sort of belonging, and renter’s insurance ensures that all of this property is protected. A standard renter’s insurance policy will protect property in situations ranging from theft or fire to falling objects or vehicle collisions, so no matter what happens, your property is safe in your apartment or other rented property. For not much out of your pocket, you can have the peace of mind that all of your belongings are covered.
When friends or family come to visit in your space, you’re also protected from liability should someone be injured in your home. Let’s say a friend comes over, trips and falls in the kitchen, and throws out their back. Your renter’s insurance will help to pay for the costs incurred by the incident, so medical bills are paid for and you won’t need to face the penalties of a lawsuit.
In many North Carolina properties, landlords may also require renter’s insurance for their tenants, and looking into renter’s insurance before seeking out a new apartment or rental home can be a good idea just in case. Because renter’s insurance covers so much, and costs very little when you consider the amount of coverage you get, it’s always worthwhile when looking to rent a property.
Renter’s insurance can help any renter to live better while renting, and really reap all of the benefits that renting has to offer. If you’ve been considering Raleigh renter’s insurance, and you’re wondering what type of policy is out there for you, simply call us at Amistad Insurance Services at 919-926-7166 to see what we have to offer!