What Is Renters Insurance?
Renters insurance is a policy designed for people who rent their home—whether it’s an apartment, townhouse, or single-family house. While your landlord’s insurance covers the building, it doesn’t protect your personal belongings or provide liability coverage if something goes wrong.
Renters insurance fills that gap, offering financial protection for your possessions, your personal liability, and even temporary housing costs if your rental becomes unlivable.
Do You Need Renters Insurance in North Carolina?
In North Carolina, renters insurance isn’t required by state law, but many landlords require it as part of the lease agreement. Even if it’s not required, it’s an affordable way to protect yourself from major financial losses.
What Renters Insurance Covers
While coverage can vary by policy, most renters insurance includes:
- Personal Property Coverage: Replaces your belongings (furniture, electronics, clothing, appliances, and more) if they’re stolen or damaged by covered events like fire, theft, or vandalism.
- Liability Protection: Covers legal costs and damages if you accidentally cause injury to someone or damage their property.
- Loss of Use / Additional Living Expenses: Pays for hotel stays, meals, and other living costs if you can’t stay in your rental due to a covered loss.
- Medical Payments to Others: Covers medical bills if a guest is injured in your rental, regardless of fault.
What’s Not Covered
- Flood damage (requires a separate flood policy)
- Earthquake damage (optional add-on in some areas)
- Pest infestations
- Normal wear and tear
Average Cost of Renters Insurance in NC
Renters insurance is one of the most affordable types of coverage. In North Carolina, the average cost is often $15–$25 per month, depending on your location, coverage limits, and deductible.
North Carolina Locations Where Renters Insurance Matters Most
- Urban Areas: Charlotte, Raleigh, Greensboro, Durham—higher population density can increase theft risk.
- Coastal Towns: Wilmington, Morehead City, Outer Banks—storm protection is essential.
- College Towns: Chapel Hill, Boone, Greenville—student housing often requires coverage.
Why Work with Sizemore Insurance
We’re independent, which means we shop multiple top-rated carriers to find you the best combination of coverage and price. Our advisors will:
- Review your coverage needs based on your rental and location
- Find discounts you may qualify for (like bundling renters and auto insurance)
- Make sure you understand your deductible and policy limits before you buy
We’re local to North Carolina, so we understand the risks renters face here—and how to protect against them.
Get Your Renters Insurance Quote Today
Protect your belongings and your peace of mind for less than the cost of a night out.
Start your quote online or call (910) 791-1011 to speak with a Sizemore Insurance advisor.