Best Renter's Insurance Companies in Concord

FAQs

• Can renter's insurance cover your personal belongings in Concord if the ceiling leaks?

  Yes, damage to your personal belongings caused by leaks in the ceiling can be covered by renter's insurance in Concord. For example, if excess water coming from the upper floors of your apartment leaks into the ceiling and damages your TV, you can make a claim for it. In general, renter's insurance can cover accidental water damage, such as those from busted pipes or toilet overflow, but not flooding or sewer backup.

• Should you cancel your renter's insurance if you are from out of state and moving to Concord?

  If your insurance company does not do business in North Carolina, then you should cancel your renter's insurance. You can find an insurance carrier licensed in the state and purchase a policy from them. However, if your insurance company offers products throughout the state, you can inform them of your move to transfer your policy. When you do so, you should have details such as the ZIP code in Concord and the moving date ready at hand.

• Is it possible to switch to another insurance company anytime in Concord?

  Yes, you have the right to switch to another insurance company at any time you want. You can also change insurers even if you just renewed your policy in Concord. However, be mindful of the company's terms and conditions regarding cancellations. Some may charge fees when you cancel within a specific period.

• Is there renter's insurance for short-term stays in Concord?

  There is no insurance policy specifically designed for short-term renters, like those renting a home for less than 30 days. However, if these renters have homeowner's insurance, they may have limited coverage for their personal properties while away from home. They may have to consider buying travel insurance to have more protection. People who rent a home longer than 30 days in Concord are advised to get renter's insurance.

• Can a renter in Concord buy a special policy from the National Flood Insurance Program?

  Yes. The City of Concord participates in the National Flood Insurance Program. Because of this, renters in flood-prone areas of the metro can buy a flood insurance policy with some discounts. Renter's insurance does not typically cover flood damage. For more information on local flood hazards, contact the Engineering Department at their office at 35 Cabarrus Ave., Concord, NC 28025, or at their number at 704-920-5407.