Renters

Renters Insurance protects your personal property against damage or loss and insures you in case someone is injured while on the rented property. If you live in a rented apartment, house or condominium, your landlord’s insurance does not cover your personal property or provide liability protection in the event of a loss.

Coverages

Personal Property

This coverage provides protection for the contents of your home and other personal belongings owned by others who live with you. Coverage C is subject to a designated amount, agreed upon by you and the insurance company. Coverage is limited on certain types of property that are susceptible to loss, such as money, securities, jewelry, furs, manuscripts, stamps or coins. However, you may want to consider scheduling these items separately and for an additional amount of insurance. It’s important to talk with your agent for specifics.

Perils insured against:

  • Fire or lightning
  • Windstorm or hail
  • Explosion
  • Riot or civil commotion
  • Aircraft
  • Vehicles
  • Smoke
  • Vandalism or malicious mischief
  • Theft
  • Volcanic eruption
  • Falling objects
  • Weight of ice, snow or sleet
  • Accidental discharge or overflow of water or team from within a plumbing, heating, air conditioning or automatic fire protective sprinkler system, or from within a household appliance
  • Sudden and accidental tearing apart, cracking, burning or bulging of a steam or hot water heating system, an air conditioning or automatic fire protective sprinkler system, or an appliance for heating water
  • Freezing of a plumbing, heating, air conditioning or automatic fire protective sprinkler system or of a household appliance
  • Sudden and accidental damage from artificially generated electrical current

Loss of Use

This coverage will help with additional living expenses if your home is damaged by a peril insured against to the extent that you cannot live in your home. These expenses include, but are not limited to, housing, meals and warehouse storage. It is important to note that your company will only pay those additional expenses above and beyond your normal and customary living expenses. Coverage D is normally limited to 20% of Coverage C (higher limits may be available). You must keep receipts for all additional living expenses and submit them to your insurance company for reimbursement consideration. All exclusions, conditions and specific language can be found in your policy. It’s important to talk with your agent.

Personal Liability

This section of the renters policy will provide bodily injury and property damage coverage when you or a resident of your household are legally responsible for injury to others and/or damages to the property. All exclusions and specific language can be found in your policy. It’s important to talk with your agent regarding the specifics of this coverage.

Medical Payments to Others

This coverage pays for reasonable and necessary medical expenses for persons, other than resident members of your home, who are accidentally injured on your property. It’s important to talk with your agent regarding the specifics of this coverage.

Have Questions?

The Consumer Services Division of the Department of Insurance is here to help.

Toll-free: 855-408-1212

North Carolina Department of Insurance
325 N. Salisbury Street
Raleigh, NC 27603