Lemonade Renters Insurance in Raleigh, NC
Renting near Downtown? Protect your stuff with Lemonade renters insurance in Raleigh starting at $5/month.
What does Lemonade renters insurance in Raleigh protect against?
Renters insurance protects your stuff against several potential damages (or “perils” in insurance speak). Here’s a closer look at what is (and isn’t) covered:
- Fire & smoke damage
- Theft & break-ins
- Clothes & shoes
- Jewelry & watches
- Your laptop & electronics
- Books & collections
- Wind & hail damage
- Art & musical instruments
- Kitchen appliances & gadgets
- Furniture & home decor
- Sports equipment & bikes
- Water damage from burst pipes
Not covered: floods, normal wear & tear, your roommate’s stuff, or getting mad at the Panthers & punching your TV.
What does renters insurance cover in Raleigh?
It’s not just about your stuff, renters insurance also covers:
Personal liability
Someone slips at your pool party? We’ve got the medical bills and potential lawsuits covered
Loss of use
Burst pipe makes your place unlivable? We’ll cover hotel costs above what you normally spend
Medical payments
Guest cuts themselves on broken glass? We’ll handle the cost of their ER visit
Want to learn more about what renters insurance covers (and what it doesn’t)? Check our coverage guide.
How much does renters insurance cost in Raleigh?
As of 2025, renters insurance in Raleigh is $17 per month on average. How much you pay depends on factors like your location, how much coverage you select, and your deductible.
Customers love Lemonade renters insurance
Our customers rate Lemonade renters insurance 4.9 on Trustpilot. Don’t just take our word for it, check out what they’re saying.
How does Lemonade protect Raleigh renters?
Protection built for Carolina life and city risks
Hurricane protection
Wind, hail, and (some) water damage when North Carolina's hurricanes and severe storms hit
Protection against theft
We'll cover your electronics whether it's a break-in or grab-and-go
Hurricane displacement
Hurricane or severe storm evacuation keeping you out of your place? We've got you covered
How much renters insurance do you need in Raleigh?
The right amount depends on what you own and your lifestyle.
Here’s how to calculate what you need.
Personal property coverage
You can choose anywhere from $10,000 to $250,000 in coverage. Walk through your Raleigh rental and add up what it would cost to replace everything: furniture, electronics, clothes, kitchen items, and personal belongings. That sum should be your personal property coverage limit.
Read moreLoss of use coverage
Coverage ranges from $3,000 to $200,000. Think about how much you’d spend on temporary housing, meals, and other expenses if your rental became unlivable due to covered damage. Spending just one week in a Raleigh hotel will run you $893*, so factor in your local costs.
Read morePersonal liability coverage
Lemonade’s standard $100,000 covers medical bills and legal fees if someone gets hurt in your rental or if you accidentally damage someone else’s property. Your landlord will probably specify how much you need, so pay attention to your lease requirements.
Read moreHow to save on renters insurance rates
Renters insurance is generally quite affordable, but there are still some ways you can save
Bundle
Combine renters with car or pet insurance for instant multi‐policy discounts. (Plus, you can manage your policies in one place)
Pay in full
Pay your full premium upfront to avoid monthly fees and earn up to a 5% annual payment discount.
Security devices
Fire alarms and security systems can lower your rate. Check what safety features your rental has, you might already qualify.
Who needs renters insurance in Raleigh?
Renters insurance is one of the smartest investments any renter can make. Here’s how a handful of Raleigh residents benefit from coverage:
NC State students
College is expensive enough without replacing stolen laptops or textbooks. Your landlord’s insurance won’t cover your belongings, but renters insurance will. Plus, you’re covered if someone gets injured during study sessions at your place.
Tech professionals
Working in Research Triangle Park means you’re part of one of America’s premier tech hubs. Renters insurance protects your personal electronics, furniture, and belongings from theft or damage, plus covers liability if colleagues visit your place. It’s smart protection for the Triangle’s tech capital.
State government employees
Working for the State of North Carolina means you understand the importance of proper coverage and documentation. Renters insurance protects your furniture, electronics, and personal belongings from theft or damage. Plus, liability coverage protects you when colleagues visit for work events or gatherings.
Research scientists
Working at universities or Research Triangle Park means you understand the value of protecting your investment in belongings. Renters insurance covers your books, electronics, and furniture from theft or damage. Plus, liability coverage protects you when colleagues visit for research collaboration or academic events.
Restaurant workers
Working in Raleigh’s thriving restaurant and craft beer scene means you understand how quickly things can change. Renters insurance covers your belongings when you’re pulling kitchen or service shifts, plus liability protection if coworkers visit after work. It’s affordable coverage that fits any budget.
What’s the best renters insurance in Raleigh?
We might be biased, but Lemonade was designed to shine for Raleigh renters
All in the app
Get a quote, manage your policy, and file claims all from your phone
Coverage for you
Pick exactly what you need. No cookie-cutter policies
Claims paid fast
Most claims get handled in minutes, not weeks
Raleigh Renters Insurance FAQs
What's the average cost of rent in Raleigh?
According to Zumper*, the average cost of rent in Raleigh is $1,750. However, the average cost of rent varies widely depending on where you live, and the type of home your renting. Here’s a look at how the average cost of rent changes in Raleigh based on your property type:
- Apartment: $1,424
- Condo: $1,650
- House: $1,995
How does renters insurance work in Raleigh?
Lemonade harnesses the power of tech to make the process of filing a renters insurance claim, and getting reimbursed, stress-free. Here’s how the renters insurance claims process works for Raleigh residents:
- Document damage: When disaster strikes in Raleigh, make sure to take clear photos or videos of any damage to your belongings, this documentation will help support your claim.
- File a claim: Open the Lemonade app and file your claim in minutes by chatting with AI Jim and providing the necessary details about your loss or damage.
- Get reimbursed: For eligible claims, receive your money directly in your bank account.
What information do I need to get a renters insurance quote?
Getting a renters insurance quote takes just a few minutes. You’ll need:
- Your rental address and move-in date
- An estimate of what your belongings are worth
- Your preferred deductible amount
- Basic details about your rental (apartment, house, or condo)
- Any security features like fire alarms or security systems
Most quotes take under 5 minutes, and you can adjust your coverage anytime through the Lemonade app.
Are my textbooks covered if stolen on Campus at NC State University?
Yes, your textbooks are covered under personal property coverage even when stolen away from home. Whether someone steals your books from the library, your dorm room, or anywhere else. With textbook and supply costs estimated at $624 annually, this coverage can save you from a major financial hit during the school year.
Is my phone covered if it's stolen while exploring downtown Raleigh?
Yes, your phone is covered under personal property whether stolen at museums, downtown events, or anywhere else in Raleigh. With a 1 in 38 chance of experiencing property crime, your renters insurance can help reimburse you for the theft.
All coverage is subject to individual policy limits, terms, and conditions. Certain items mentioned in this article, including electronics, jewelry and watches, art and musical instruments, and some collections, are subject to sub-limits under standard renters insurance policies and may need to be scheduled separately for full protection. Any hypothetical examples used in Lemonade editorial content are purely expositional. Hypothetical examples do not alter or bind Lemonade to any application of your insurance policy to the particular facts and circumstances of any actual claim. The costs shown in this article are sourced from Value Penguin, accessed August 2025. https://www.valuepenguin.com/best-cheap-renters-insurance-north-carolina Average costs of hotel stays sourced from https://www.budgetyourtrip.com/search.php Average cost of rent sourced from Zumper as of August 2025 https://www.zumper.com/
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