Insurance for downtown Raleigh condos, renters and businesses

Around Downtown Raleigh

• Fayetteville Street
• Glenwood South
• Warehouse District
• Moore Square
• City Market
• Raleigh Union Station
• NC State Capitol
• Dorothea Dix Park

Condo towers, lofts and apartments

Most downtown homes are apartments, condos in mid- and high-rise buildings, converted warehouse lofts and townhomes on the edges of the district. In a condo building, the association’s master policy usually covers the structure and common areas, and your condo (HO-6) policy covers your interior finishes and upgrades, belongings, personal liability and loss assessments.

Water is the claim that worries downtown condo owners most. A leak from the unit above or a failed supply line can damage several floors, and who pays depends on where the water started and on your association’s documents. We read the master policy summary with you so your HO-6 limits fill the gaps.

Renters should know that the landlord’s insurance covers the building, not your furniture, laptop or liability. Many downtown leases require proof of renters insurance before move-in.

Parking decks, break-ins and rideshare

Downtown residents often park in decks or on the street, and some don’t own a car at all. Comprehensive coverage on your auto policy handles theft of and vandalism to the car itself, while belongings stolen from the car generally fall under your renters or homeowners policy, subject to its deductible.

If you drive for a rideshare or delivery app, most personal auto policies limit or exclude coverage while the app is on. Ask us about a rideshare endorsement. If you don’t own a car but borrow or rent one regularly, a non-owner policy can provide liability coverage that follows you.

Restaurants, bars and event spaces

Glenwood South, Fayetteville Street and the Warehouse District are lined with restaurants, bars, breweries and music venues. A standard general liability policy typically excludes liquor liability for businesses that sell or serve alcohol, so a separate liquor liability policy is usually required by landlords and by common sense.

Festivals, pop-ups and private events downtown often need their own event coverage and certificates naming the venue or the city.

Offices, startups and professional firms

Downtown office buildings and coworking spaces are home to tech startups, agencies, law and accounting firms and nonprofits. Common needs include a business owners policy, cyber liability, professional liability (E&O), and hired and non-owned auto coverage for employees who drive their own cars on company errands.