California Renters Insurance

You may be speculative why it's necessary to hold a renters insurance. Rental properties, particularly apartments are thought-about risky once it involves potential claims. You share a building with plenty of individuals where fires, theft, and water harm are sometimes frequent. There are many potential risks and your property is in danger. The items you own are valuable and you should shield them from a loss. Besides, renters insurance in most cases is extremely cheap.

What will California renter's insurance shield against?

At Su Casa Valley Insurance, we know the primary concerns with renting a home or apartment, and renter's insurance protects you from a range of threats and dangers that would occur with a rented unit. Upon purchase renter's insurance, you're covering yourself against several things like fireplace, lightening, riots, aircraft, vehicles, smoke, windstorms, vandalism, theft, falling objects, water harm, electrical harm and a number of other problems.

Selecting the right amount of renters insurance

At Su Casa Valley Insurance, we can facilitate that your valuables are insured. Once you decide the amount of coverage you need, we can tailor a package to fit your renters insurance needs in Fresno and throughout California.

Renters Insurance Options in California

• Personal Property coverage in case of fire, theft or damage.
• Liability coverage for risk of accident at your rental
• Other coverage options also available

As with many kinds of insurance, your premium can rely on your deductible and any extra coverage you decide to select. To recognize the worth of your things, keep receipts. You should additionally keep an inventory of all the things you own, and use caution to not underestimate their price. You should possibly consider photographing or videotaping every space and storing the images in a fireproof box. Today, many folks file things digitally or at a safety lock box at the bank.

To insure that your valuables can be protected, buying renter's insurance offers you peace of mind and also the assurance that if something is lost, you may be ready to replace it. Contact us today and learn additional information regarding Renter's Insurance and precisely what proportion you wish. As a local, insurance agency in Fresno, we're partnered with several of the highest renter's insurance corporations within the business. This means we can compare rates and policies with many different carriers and find the policy and value that works best for you.

Who Needs Renter's Insurance and What Does It Cover?

Many renters don’t think that they need insurance. After all, the landlord is responsible for insuring the building. While that’s true, I want you to know that the landlord’s policy doesn’t cover your belongings inside of it. If there’s a fire, their insurance would only pay for repairs to the building structure, but it wouldn’t compensate you for the loss of your personal belongings. That’s where renter’s insurance comes into play. It also protects you in case of theft, and it includes a liability portion.

Replace Your Belongings

The most important reason to get renters insurance is to replace your belongings in case of fire, vandalism or theft. But this policy also kicks in if your belongings are damaged due to your landlord’s negligence. If a corroded water pipe causes a flood in your apartment, the landlord’s policy would only cover the structural repairs. Your insurance is there to pay for the ruined rugs and furniture.

Renters insurance isn’t limited to the belongings inside of your home. It will typically also cover the things you store inside your car. While it won’t cover damage to your car, it can help you replace stolen valuables. I can even offer you a policy that covers your belongings while you’re traveling. This can be helpful, because most airlines only cover you up to a certain amount.

You Have More Than You Think

The most common excuse I hear from people who don’t have renters insurance is the fact that they don’t really own a lot of stuff. Therefore, it doesn’t seem worth the effort to insure it. In truth, most people have more than $20,000 worth of belongings without realizing it. In fact, normal coverage amounts fall between $25,000 and $50,000, although there are plenty of people who need more than that.

This is not surprising when you think about all the things you have, including beds, furniture, clothes, tools, kitchen gadgets, electronic equipment and other personal items. This amount doesn’t even include jewelry or antiques, which I would include in a separate policy for adequate protection. I also recommend choosing a replacement value policy instead of an actual cash value policy. With replacement coverage, you get enough money to buy the same kind of couch you had. With actual cash value, you get reimbursed for the current value of your used couch, which is only a fraction of its replacement cost.

Liability Insurance

One part of renters insurance that most people don’t really know about is the liability portion. If someone got hurt in your apartment or rented home, you might be legally responsible to pay their medical expenses. If they file a lawsuit against you, these costs can quickly skyrocket, because litigation costs can be outrageous. Even if you don’t think you’d miss any of your worldly belongings, I recommend having liability coverage in place to prevent someone from going after your personal assets. Incidentally, liability insurance also protects you if you accidentally leave the water running and flood your neighbor’s apartment.

If you own a home, then you have the same protection with your homeowner’s insurance. For everyone else, I recommend purchasing a renters insurance policy. The premiums are very reasonable, especially if you opt for basic coverage. However, to make sure that nothing is left out, you should specifically ask to include any valuable jewelry or antiques you own. Please use my contact form on the website to request an insurance quote or call me directly. If you live in Visalia, Tulare, Selma, Hanford, Fresno, or surrounding areas, I’m happy to help you with all your insurance needs. I’ll create a personalized policy for you that covers everything you need and nothing you don’t.

Renters Insurance:  A Necessity to Protect Your Assets

• Electronics: I had two flat screen televisions, one expensive Nikon camera, a laptop with all the bells and whistles and an Xbox stolen. As you can imagine, this added up to quite a bit of money to replace the items.
• Jewelry: I work at a job where I must dress up everyday and look elegant and refined, so I had a moderate amount of expensive gold and silver jewelry to accessorize my clothing. More importantly than that, several expensive pieces stolen had great sentimental value, such as the gold watch my parents gave me when I graduated college, the pearl and diamond ring, necklace, bracelet and earrings set my grandmother left me in her will, and the emerald and diamond ring I bought for myself when I traveled abroad for the first time. The thieves took my entire jewelry box, and it also contained numerous pieces of costume jewelry I had purchased to add pizzazz to  my work and leisure clothing. 
• Guns:  I used to own a small pistol that I took along with me for protection when I traveled long distances alone for work in my car. It was hidden up high in my closet in an innocuous shoebox.  I also had an antique rifle that my grandpa left me when he died; it was hidden underneath my bed. I'm sure the burglars were delighted with these finds.
• Clothing: Although, for the most part, my clothing wasn't stolen, the burglars did take my favorite leather coat and a brand-new leather jacket I never had the chance to wear.