Users' questions

How much is rental insurance in NC?

How much is rental insurance in NC?

The average cost of renters insurance in North Carolina is $17 per month, or $200 per year. The cheapest renters insurance in the state costs about $17 per month, or $200 per year.

How much is renters insurance per month in NC?

The average cost of renters insurance in North Carolina is $148 a year, or about $12 a month, according to NerdWallet’s rate analysis. That’s a little cheaper than the national average of $168. On average, renters in Charlotte pay about $147 a year, while those in Raleigh pay about $139.

What is renters insurance cover?

Renters insurance is an insurance policy that can cover theft, water backup damage, certain natural disasters, bodily injuries and more in a rented property. If you rent an apartment, home or even a dorm, renters insurance is recommended for protecting your space and belongings in the event of a covered accident.

Can a landlord require renters insurance in NC?

While renters insurance is not required by law in North Carolina, some landlords may require it for you to live in their building. It’s generally a good idea to have at least some form of coverage as your landlord’s insurance won’t cover any damage to your personal property.

What does renters insurance cover in NC?

Renter’s insurance provides financial protection for your personal belongings in the event of fire, water leakage, theft or vandalism. It also covers additional living expenses in case the rental property you’re staying at becomes temporarily uninhabitable.

What is the best renters insurance in North Carolina?

Best Renters Insurance Companies in North Carolina

  • USAA. Score:98.4. 4.9/5. 5/5. 5/5.
  • State Farm. Score:95.4. 5/5. 4.1/5. 5/5.
  • Travelers. Score:89.8. 4.6/5. 5/5.
  • Allstate. Score:85.8. 4.3/5. 4.5/5.
  • Nationwide. Score:84.8. 4.1/5. 4.3/5.

What is not covered by renters insurance?

Renters insurance does not cover property damage for all perils. Renters insurance will rarely—or never—cover damage to your personal property for some specific perils, such as earthquakes, riots and pests. Most renters insurance policies will not cover damage costs associated with bed bugs, with limited exceptions.

Does renters insurance protect the landlord?

A landlord typically requires renters insurance for legal protection. Landlords require renters insurance of their tenants to avoid liability lawsuits. Because most rental insurance includes liability coverage, if someone’s injured in your rental, your renters coverage will help protect the landlord from being sued.

How can I get help with rent in NC?

Tenants can apply for rent and utility assistance by going to or by calling 888-9ASK-HOPE. Renters in the other 12 counties in the state must apply to county agencies as those counties met the population threshold to receive rent relief funding directly from the federal government.

Does renters insurance cover medical bills?

Renters insurance covers damage to or theft of personal property, personal liability damages, emergency medical expenses for guests and additional living expenses if you need to temporarily relocate.

What are three things that renters insurance covers?

Renters insurance typically includes three types of coverage: Personal property, liability and additional living expenses. Personal property coverage can help pay to replace your belongings if they’re stolen or damaged by a covered risk.