If you’re a renter, having renters’ insurance is one of the best decisions you can make. Several companies require their tenants to have a policy in place before signing the lease. While you can have a policy for years and not have to use it, knowing it’s there in the event you do makes all the difference. Our team at Allegiant Insurance Services can help you find a reliable renter’s policy in California.
Think of it as a homeowner’s insurance policy, but for renters that apply when you are leasing a home, condo, apartment, or living space. While it doesn’t cover the structure, it does provide for your personal belongings, and it’s much cheaper than homeowners’ insurance.
In most cases, this type of policy covers personal property damage, personal liability, additional living expenses, and limited medical payments. The covered perils will vary based on state, but floods and earthquakes require additional policy coverage, especially in California.
The standard coverage does not offer protection from everything. In addition to earthquakes and flooding, there are certain stipulations such as dangerous dog breeds or high-ticket items that will pose a problem. Additionally, maintenance issues such as pests or bed bugs may not be covered and are the responsibility of your leasing agent. Finally, it is important to note that cars are not covered under renter’s insurance and require a separate auto policy.
The team at Allegiant Insurance Services knows the ins and outs of coverage to help make the best recommendation while locating the right quote. Working with our team puts you at an advantage to ensure you have what you need when you need it. For more information on how we can help, call us today!