Renters Insurance in North Dakota
And the right policy for you
Written by
Candace Jenkins is a licensed insurance advisor with over a decade of experience. She is also a writer and loves to write on all things insurance. Candace writes for TrustedChoice.com on a continuous basis and is here with the facts about all your insurance inquiries.
Reviewed by
Jeff Green has held a variety of sales and management roles at life insurance companies, Wall street firms, and distribution organizations over his 40-year career. He was previously Finra 7,24,66 registered and held life insurance licenses in multiple states. He is a graduate of Stony Brook University.
When searching for the perfect renters insurance coverage, you'll be met with several options. A North Dakota renters policy can help protect you and your personal property from loss. Landlords have renters insurance as a requirement in most cases, making it important to find the right policy for your situation.
Fortunately, a local independent insurance agent can help. They'll do the shopping through multiple highly rated carriers and present you with the best policy. Plus, they do the quoting for free, saving you time and money.
What Is Renters Insurance?
Renters insurance in North Dakota will protect you from several risks that could occur while leasing a property. This is what North Dakota renters insurance covers:
- Renters insurance: Coverage limits protect the renter from fire, theft, vandalism, and severe weather damage to their personal belongings, and liability risks when a third party sustains damage or injury.
What Does Renters Insurance Cover?
In North Dakota, you'll have options when it comes to purchasing renters insurance. Most policies will include the following coverages at your desired limits:
- Renters liability coverage: This limit pays for costs associated with an injury or property damage a third party may experience while on your rented property. It can also help pay for your court fees and legal expenses should you be sued as a result of that loss.
- Renters contents coverage: Also known as personal property coverage, this can help pay for repairs to or replacement of your belongings should they be damaged or stolen during a fire, severe weather event, theft, or other covered loss.
Common Questions on Renters Insurance Coverage:
- Does renters insurance cover a fire loss? Yes, renters insurance will help replace or repair your contents from fire damage. It also will help pay for medical expenses of a third party who is injured due to a fire loss.
- Does renters insurance cover car theft? In some cases, your renters insurance policy limits will extend to your personal property in your vehicle. Typically, this will only cover 10% of the value of any damaged or stolen items. It will not cover the car itself if stolen or damaged.
- Does renters insurance cover water damage? Water from a faulty pipe, water line leak, or plumbing issue causing damage or loss to your contents inside the rental property will be covered. If water damage is the result of a flood, then you'll need a separate flood policy to have any coverage.
What Does Renters Insurance Not Cover?
North Dakota renters insurance won't cover some items, and it's important to understand what they are. You may be able to add coverage for these losses separately and it's something to discuss with a trusted adviser. Check out what isn't typically covered under your renters policy:
- The exterior of the building
- Intentional losses such as arson
- Flood damage
- Water/sewer backup unless added
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Is Renters Insurance Required by Law?
Each state has different requirements when it comes to insurance. In North Dakota, you're not mandated by state law to carry renters insurance. However, all landlords will require it in order to lease a property from them. A certificate of insurance will be necessary from your licensed agent to show coverage limits. The landlord will also request to be listed as an additional insured on your renters policy.
What are the Best Renters Insurance Companies in North Dakota?
The best way to obtain North Dakota renters insurance is through highly rated carriers. Some of the most trusted insurance companies in North Dakota for renters coverage are as follows:
| Best insurance companies in North Dakota | Star Rating |
| Nationwide |
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| Stillwater |
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To get the protection that suits your needs and location, consult with a local adviser for custom quotes. They work with multiple carriers so that you're fully covered.
Why Shop Renters Insurance with an Independent Agent?
If you're searching for a renters insurance policy that fits your budget and your needs, then consider working with an expert. There are several options to choose from when shopping for the best coverage. Fortunately, you're not alone, and a local adviser can help.
When you work with an independent insurance agent, you'll get the best of both worlds. They do the comparing with multiple highly rated carriers for free, making it a no-brainer. Get connected with a knowledgeable agent in your area in minutes.