North Carolina Renters Insurance

North Carolina renters insurance coverages

Check out the four standard coverages on nearly all North Carolina renters insurance policies:

• Personal property protects your personal belongings, including furniture, clothing, and electronics whether they're inside your apartment or elsewhere
• Loss of use helps cover costs associated with an increase in living expenses, up to your policy's limit, if you're unable to stay in your home while it's being repaired or rebuilt due to a covered loss
• Personal liability protects you financially if you're legally responsible for another person's injuries or damage to their property
• Medical payments to others pays for medical expenses due to a covered occurrence

Additional coverages

The best renters insurance in North Carolina is always a policy with customized coverage. Here are some extra options for when you need more protection:

• Add a rider: Certain valuable items, like jewelry, may have specific limits on your renters policy. If your item exceeds the limit, you may be able to purchase an endorsement called a rider for your policy to cover the item for its value.
• Personal injury coverage: May pay for legal fees and damages if you're liable for slander or defamation
• Water back-up coverage: Water that backs up through sewers or drains or discharges from a sump pump may not be covered by a standard renters policy. Water back-up coverage may pay for the damage to your belongings and water removal costs.

Learn more about all of our renters insurance coverages.

Is renters insurance required in North Carolina?

Renters insurance isn't required by law in North Carolina. However, many landlords and rental companies require you to have a policy before you move in. Even if a policy isn't mandated, renters insurance is usually inexpensive and can protect you whether you rent a house, condo, or apartment.

Is renters insurance worth it in North Carolina?

Renters insurance can provide inexpensive coverage for your belongings if something goes wrong. Remember that if your rental home or unit is damaged by weather, fire, or vandalism, your landlord or rental company's insurance won't pay to replace your personal property. Here are a few scenarios in which a renters policy may help:

• Your apartment is burglarized, and your gaming system and other items are stolen. Personal property coverage may pay to replace stolen items, up to your coverage limit.
• Your rental home is destroyed in a fire. Your renters policy may pay for living expenses, up to your loss of use coverage limit, such as lodging and groceries, while the home is being rebuilt.
• A visitor in your home is bitten by your dog. Liability coverage under your renters policy may pay for medical bills due to the injury, as well as legal costs.

How much is renters insurance in North Carolina?

Progressive renters policies in North Carolina had an average monthly price of $15.90 or $190.84 for an annual policy in 2023.asterisk-double Remember that your cost for renters insurance is determined by several factors, including your location, type of residence, and claims history.

Coverage limits can also affect your renters insurance premium. Typically, the more personal property coverage you need, the more you pay for a renters policy. Use our personal property calculator to help you take a home inventory and estimate the value of your belongings.

How can I save on renters insurance in North Carolina?

Take advantage of renters insurance discounts with Progressive. You may be able to save by bundling multiple policies, going paperless, paying in full, and living in a secured or gated community.

There may also be discounts that are only available in your state or county. You can call 1-866-749-7436 or speak with a local agent to help ensure you're getting all applicable discounts.