Why do you need Renters Insurance in California?
Renters Insurance in Fresno, California covers the personal property of tenants and provides liability coverage for the insured person and their immediate dependents. Right now, are you thinking to yourself, do I really need renters insurance? Yes, you do! What if your apartment is burglarized or suffers smoke damage in a fire and your items are ruined? Like all insurance offerings, you usually don’t know how badly you needed coverage until you actually need coverage. With Renters Insurance in Fresno, California coverage, you’ll have peace of mind that your stuff is safe.
What Does Renters Insurance Cover in Fresno, County?
Renters insurance pays out expenses related to theft or damage to your personal belongings. Also, additional living expenses if you need to temporarily locate and medical expenses for guests who are injured on your property. Therefore, we prescribe anybody renting a home should consider buying tenants insurance as a reasonable method to shield you from the money related effect of these incidents.
Personal Property – This covers all of the stuff you have in your apartment.
Two types of personal property renter’s insurance coverage in Fresno County
- Actual Cash Value: Pays to replace your possessions up to the limit of your policy, minus a deduction for depreciation.
- Replacement Cost: Pays the real cost of replacing your belongings (regardless of depreciation) up to the limit of your policy.
Liability – This covers paying medical and legal expenses if someone gets hurt in your apartment or if you are responsible for stuff that happened to others as a result of your action
Loss of use – This policy covers your living expenses in case you must leave your home after an accident. This could include hotel bills, temporary rentals, restaurant meals and other expenses you incur while your home is being repaired or rebuilt.