Your landlord’s insurance policy does not also safeguard your possessions. You need an insurance plan that protects your furniture and personal keepsakes in the instance of a natural disaster or man-made incident. The agents at Friant Insurance Agency can help you find the renter’s insurance policy that best suits your lifestyle in Temecula, CA. First, it is important to understand how renter’s insurance works. 

What is renter’s insurance?

A renter’s insurance policy is an indemnity plan designed to protect those who rent apartments or single-family homes from significant financial loss. Your insurance plan works similarly to home insurance in that you may claim up to your policy’s limits when an incident occurs. 

What does renter’s insurance cover?

Renter’s insurance does not always provide coverage for structural damage. You are solely responsible if your guest breaks a window or punches a hole through a wall during a visit. You can, however, depend on renter’s insurance to pay for flooding due to a broken pipe. A good policy also pays for losses due to theft. 

How much renter’s insurance do you need in Temecula, CA?

The amount of renter’s insurance that you need depends on a number of things. Centrally, you should consider how much insurance you can afford. 

The cost of your premium is determined by a number of factors, which include the age of the building as well as the size of the apartment. You may pay less for renter’s insurance if you have a studio apartment. The value of the items for which you need coverage is also a significant factor. 

The agents at Friant Insurance Agency can help you find the renter’s insurance policy that is right for your home. Call them today to get started with a quote for coverage!