As the climate continues to change, we can’t seem to get away from natural disasters popping up more frequently. Now is the best time to think about protecting yourself, your belongings, and your finances. When renting in California, renters’ insurance should be your top priority due to living in a highly populated state. But what are your options, and what should you know before purchasing? Here’s what to know about renters’ insurance and how it can protect you in the event of a natural disaster.
Why You Need Renters’ Insurance
It’s always best to prepare for the unexpected. The landlord’s insurance only covers the building itself, not the personal items inside. So, if a windstorm comes and destroys the building and your items inside, renter’s insurance will mean you’re financially covered. It’s also important to have renters’ insurance just in case an event on the property may be your fault, such as your dog biting a neighbor.
Please don’t wait until it’s too late to cover your belongings. Disasters and unforeseen events can strike at any moment.
Renters’ Insurance May Not Cover All Natural Disasters
Ask your insurance agent about what your policy does and does not cover. Saferoad Insurance covers possessions lost due to:
- Water damage from plumbing
However, Saferoad Insurance does not cover damage from the following:
- Wear and tear
To gain coverage for floods or earthquakes, you must purchase separate policies.
Understanding Your Policy Before the Storm
Every renter should have insurance, especially those who live in a natural disaster-prone area. Having a policy will give you peace of mind, knowing that your belongings are safe—even when disaster strikes. However, knowing your policy limits and what it covers is vital.
Renters in high-risk areas may notice a limitation on their coverage or an increase in their premiums. Always verify your “loss of use” coverage and what it pays for with your agent. If your home is unsuitable for living in after a disaster hits, the insurance will pay for the living expenses—hotel, food, gas, and more.
How Can We Help?
We hope our quick guide about renters’ insurance and natural disasters helps answer any questions you may have. It’s essential to know about your area’s risks and ensure that your renters’ insurance policy offers the coverage you need. Fully understanding the policy you purchased may seem like a chore, but ensuring that your belongings are safe and secured is vital.
Save yourself a headache and stress from searching for an affordable policy and get covered by Saferoad Insurance Services. We offer renters insurance in Long Beach, California, and other surrounding areas. Contact us today to help you find the perfect coverage for you.