Renters Insurance

for-rent-148891__340If you are renting an apartment or home, renters insurance provides coverage for you and your stuff. The landlord probably has an insurance policy to protect the home or apartment that you are renting, but it will not cover your belongings. Renters insurance does more than just protect your property from theft and fire, it offers coverage for liability and loss of use. What does that mean? Liability coverage protects you in case someone is injured and they say that you are responsible. Loss of Use coverage provides insurance coverage in case your home is damaged and can’t be lived in. This coverage can help you pay for temporary housing.

When choosing your renters insurance policy, you will have options to tailor the policy to fit your needs. You can choose the coverage amount and your deductible amount. How much personal property coverage do you need? Take a look around your apartment or home, how much would it cost to replace your furniture, dishes, clothing, etc.? Often you can choose to cover your personal property at a “replacement cost value” or at an “actual cost value (ACV)”. The ACV coverage is cheaper, but you may not like it if you have a claim. ACV means that you would be paid for the depreciated value of the covered item in the event of a claim. It would not be enough to buy a brand new item. In contrast to ACV, is Replacement Cost. A replacement cost policy would give you the value of the covered item at what it would cost to buy a new one today. Be sure you know which type of policy you are buying.

Don’t put off buying a renters insurance policy. The coverage is inexpensive and easy to get. Rancho Cal Insurance Services can make it as easy as possible for you to get the policy that you want. Sometimes your landlord or apartment manager won’t give you the keys until you show proof of renters insurance. That’s okay, we can help you with that today. We love to be able to help our neighbors in Murrieta, Temecula, Winchester, Hemet, and San Jacinto, find just the right policy.

 

 

 

Renters Insurance

alley-3419323_960_720As a renter, your landlord’s insurance doesn’t cover your possessions or protect you against a lawsuit because of an accident at the property you are renting. You can help to protect yourself by having your own renters insurance policy.  If your property gets broken into and your items are stolen, your renters insurance can help to replace those items. The same is true if your property is damaged by a fire. Renters insurance can also help cover your living expenses if your place is being repaired due to a loss. Get the peace of mind that comes with having your own renters insurance policy.

Coverage Options:

  • Personal Property
  • Liability
  • Loss of Use
  • Sewer or Drain Backup

Renters insurance is often more affordable than you think.  And yes, there are discounts available. Generally, if you have your auto insurance and renters insurance with the same carrier, you will get a discount. Our agents at Rancho Cal Insurance Services in Murrieta can help. Our office is conveniently located between Murrieta, Temecula, Winchester, Hemet and Menifee. Call us today, or request a renters insurance quote online. We are here to make it easy for you to get your renters insurance policy.

Click here for a renter’s insurance quote