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What would happen if the place you rent burned down? Would you have enough money to replace your clothes, furniture, electronics, etc?

Do A Google Search for “renters insurance nc” and you will see search results from LARGE insurance companies. None of these results actually does much to answer your questions!

We hope this Renters Insurance Resource will help guide you to making the best decision for you and your family.

We hope this Renters Insurance Resource will help guide you to making the best decision for you and your small business.

Renters Insurance Basics

Renters Insurance protects anyone that rents their primary residence. The two main parts of the insurance policy provide personal property coverage as well as personal liability. The Renters Insurance Quick Reference Guide will help you understand the basics of this important coverage!

What Does Renters Insurance Cover?

Are you about to rent a home or apartment? Are you renting or subletting a property now? If your answer to either one of these questions is yes, you need renters insurance.

Renters insurance does more than protect your belongings in your rental home. Having it also covers you from lawsuits, unnecessary expenses, and even the loss of your rental home’s use. 

How Much Is Renters Insurance?

Statistics from the Insurance Information Institute (III) indicate that the annual average renters insurance cost across the country in 2018 was $179. To determine the actual cost of renters insurance, you need to specify the number of belongings you choose to insure and the monetary cost of those belongings.

Dave Ramsey Renters Insurance – What You Need To Know

Dave Ramsey, and everyone at Ramsey Solutions, appear to believe is Renters Insurance.

In an article taken directly from the Dave Ramsey website site (Article What Is Renter’s Insurance And Do You Need It?), Dear Dave goes as far as to say “without renter’s insurance, you’ll go broke paying out of pocket for everything you lost in a fire”

How Much Renters Insurance Do I Need?

There is no single answer to the question, “how much renters insurance do I need?” Different individuals have different needs and priorities. What one person may feel is sufficient coverage for them may not be adequate for another.

The primary decision to make is deciding on the limits to the personal property and liability coverage you should get. The two features cover the biggest financial exposures for tenants and are also the main drivers for the overall cost.