Renters Insurance in Hickory, NC

Many renters believe their landlord’s insurance policy extends to their personal belongings, and this misconception could prove costly. At Davis Insurance Group, we understand the importance of having proper coverage to help cover your belongings. Our team is here to help you find the right renters insurance for your needs.

What Is Renters Insurance and What Does It Cover?

Renters insurance is designed to financially assist tenants living in apartments, houses or other rental properties. A typical policy may include the following essential coverages:

• Personal property coverage may help replace your belongings if they’re damaged or stolen in covered events such as fire, theft or vandalism.

• Liability protection may offer support if someone is injured in your rented space and you’re found responsible.

• Additional living expenses coverage may help with temporary housing costs if your rental becomes uninhabitable due to a covered loss.

• Medical payments coverage may help pay for minor injuries to guests in your home, regardless of who is at fault.

How Does Renters Insurance Work?

Understanding how renters insurance functions helps you make the most of your coverage. When a covered loss occurs, the first step is to typically file a claim with your insurance company and pay your deductible—the amount you’re responsible for before insurance begins to help. Your insurance company may then assist with covered expenses up to your policy limits.

For property claims, coverage typically works in one of two ways:

• Actual cash value, which considers depreciation

• Replacement cost, which helps you replace items at today’s prices

Working with insurance professionals such as ours helps ensure you understand your coverage options and choose the approach that best fits your needs.

Get Coverage Today

Contact Davis Insurance Group for renters insurance that gives you financial confidence in your coverage. Our Hickory, North Carolina, team brings local experience and industry knowledge to help protect what matters most to you.