Are you shopping around to find the best rates for renters insurance in NC? Not sure you even want it? You’re not alone.
Did you know that 93 percent of homeowners had homeowners insurance, BUT only 41 percent of renters had renters insurance?
There sadly seems to be a disconnect there. If you’re renting, are you less susceptible to theft, fire, or any other property damage? Are your valuables any less valuable to you?
Let’s take a look at a few of the misconception surrounding renters insurance and show you why renters most certainly DO need it.
Many Landlords Require Renters Insurance in NC
Let me ask you something. If you’re renting a house with a basement and a hard rainstorm sends runoff down your concrete steps into your lower unit, ruining the couches, rug, and electronics you had down there. Who is responsible?
The rain gods maybe, but not your landlord. You can report it to them, and they can arrange for a restoration company to come clean the mess, but you’re on the hook for all the damages, not them.
This is why a lot more landlords are starting to make this a part of their arrangement.
They want it to be crystal clear that your property is your responsibility.
Also, if you’re looking for an apartment, it’s a good idea to be the one to bring up renter’s insurance. This shows you’re responsible and it will keep your application at the top of their list.
Renters Insurance Includes Damage Liability
Life happens. And sometimes life happens to other people’s property.
Your son is getting really good at whiffle ball. So good that he crushes it over the fence. In going to retrieve the ball, you break the fence… Now what?
If you were smart, your renter’s insurance policy will pay for the damages. If not, you’re going to have to write your landlord or your neighbor a check.
North Carolina’s Freakish Weather
We love it here. But North Carolina is capable of turning on us in a second, with some of the most violent weather possible. We’re talking about hurricanes, tornados, blizzards, ice storms, and extreme thunderstorms.
Disasters have absolutely no regard for how ready you are for the worst. Maybe that’s why none of us are ever really ready.
When insuring your property and your belongings, you’re protecting a lot more than your stuff. You’re protecting your way of life.
Insurance can mean the difference between staying with a friend for a week or so while you get back on your feet and having to move back in with your parents while you save enough money to start over from scratch.
Some of the perils covered by standard renter’s insurance include fire, as well as snow, ice and hail damage.
At Amistad, we can help you to find the perfect policy to make sure that while your building owner or landlord is looking after the structure you live in, we’re protecting what’s in it.
Contact us for a renters insurance NC quote at 919.926.7166.