Even if you don't own the home you live in, you've still got certain responsibilities as a renter. One of the things you generally have to do is purchase renter’s insurance from a reputable insurance company like Trapp Insurance Group Inc.
There are no laws in North Carolina that say you have to carry renter’s insurance, but that doesn't mean it can't be a requirement. As a matter of fact, you will generally be required to carry renter’s insurance if you rent a home from somebody. The truth is, it's up to your landlord to decide whether or not you need insurance to rent a home or apartment.
Even if your landlord doesn't require you to have renter’s insurance to be a tenant, it's always smart to have it anyway. Renters insurance is your best defense if your property is stolen or damaged as a result of smoke or fire damage. With good insurance, you don't have to worry about paying out of pocket.
The interesting thing about renter’s insurance is that it's not designed to protect the actual building you're living in. Your landlord should already have insurance that protects the rental property from structural damage; renter’s insurance is to make sure you're covered for things like bodily injuries and property damage.
Personal property coverage is one of the key parts of renter’s insurance; if you value your possessions, you need coverage for them. It's important to note that damage to your personal property will only be covered if it's caused by a covered accident.
Whether you rent or own a home, it's your responsibility to make sure you're protecting your property. If you're looking for renter’s insurance in North Carolina, Trapp Insurance Group Inc has you covered. To find out more or get a free renters insurance quote, give us a call today.