{"id":176,"date":"2024-10-21T04:00:00","date_gmt":"2024-10-21T10:00:00","guid":{"rendered":"https:\/\/www.waynerealtyins.com\/blog\/?p=176"},"modified":"2024-10-15T12:48:42","modified_gmt":"2024-10-15T18:48:42","slug":"insuring-leased-property-in-north-carolina","status":"publish","type":"post","link":"https:\/\/www.waynerealtyins.com\/blog\/insuring-leased-property-in-north-carolina\/","title":{"rendered":"Insuring Leased Property in North Carolina"},"content":{"rendered":"

Do you own rental property in North Carolina?<\/h2>\n

If you lease real estate to tenants in Goldsboro, NC, or anywhere in the Tarheel State, your agent at Wayne Realty & Insurance Co Inc. strongly recommends a policy called "landlord insurance."<\/p>\n

This kind of insurance is like a homeowner’s policy, insuring the physical structure of your leased property. Unlike a homeowner’s policy, it insures your rental income if your property is vandalized, burglarized, abused by tenants, or affected by wind or storm.<\/p>\n

Landlord insurance does not cover your tenant’s personal property. Many landlords require tenants to carry renter’s insurance to prevent misunderstandings.<\/p>\n

Wayne Realty & Insurance Co Inc. works with multiple insurance companies to get you the best possible coverage for your leased property. Because we are experts in Goldsboro, NC, and surrounding towns, we can ensure you have just the insurance you need for the risks you face.<\/p>\n

Frequently Asked Questions About Insuring Leased Property in North Carolina<\/h2>\n

Q. Is landlord insurance required by law in North Carolina?<\/h3>\n

A. No, but not insuring your leased properties can expose you to significant losses, not just your real estate investment but also liability arising from accidents involving your tenants and their guests.<\/p>\n

Q. Are there special situations that require landlord insurance?<\/h3>\n

A. Many North Carolinians become "accidental landlords" when they have to move before they sell their houses. They need landlord insurance, not just homeowner coverage. Ask your Wayne Realty & Insurance Co Inc. agent to know for sure.<\/p>\n

Q. Does leased property insurance cover flood damage?<\/h3>\n

A. No, and there are low limits to flood coverage you can get through the federal flood insurance program. However, call us, and we can help you find the coverage you need.<\/p>\n","protected":false},"excerpt":{"rendered":"

Do you own rental property in North Carolina? If you lease real estate to tenants in Goldsboro, NC, or anywhere in the Tarheel State, your agent at Wayne Realty & Insurance Co Inc. strongly recommends a policy called "landlord insurance." This kind of insurance is like a homeowner’s policy, insuring the physical structure of your […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5,9],"class_list":["post-176","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-goldsboro-nc","tag-wayne-realty-insurance-co-inc-2"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t