At Craig Insurance Group, we serve our Raleigh, NC neighbors with renters’ insurance that helps them protect their financial investment in their personal belongings. When you rent a home, your landlord’s insurance covers the structure, but your renter’s policy covers your personal property inside the house. But renters need to cover items stored elsewhere, too.
Renters Insurance Covers Storage Units
Renters insurance covers more than the items in your apartment or home. You can purchase renters’ insurance for a storage unit’s contents or a rented garage space. It will cover all the items you store inside the unit.
This applies to a garage space you rent, too. Renters’ insurance covers the vehicle, parts, and tools you store there.
Renters’ Insurance Components
Your renters’ policy contains two components – personal property coverage and liability coverage. If something happens at the storage unit or garage that damages your property, the insurance policy covers the replacement of it up to the policy maximum.
The liability component kicks in if, for instance, an accident occurs while you work on your vehicle at the garage or while you and a buddy move things into your storage unit. The liability component covers your medical expenses and that of your friend.
Update Your Renters’ Policy
Contact Craig Insurance Group today to update your renters’ policy to cover your belongings stored in a storage unit and your other rented spaces, such as your garage parking. Your rented space doesn’t even have to be in Raleigh, NC. Our policies cover your items stored throughout North Carolina. Just add the addresses of storage units to your policy. Call us today to update your renters’ policy.
