Renters Insurance

While tenants aren’t obligated to obtain the same type of insurance as homeowners, they still need the right coverage to safeguard their belongings. There are many advantages of renting, and tenants want to ensure they make the most of the renting experience with proper renters’ insurance. Renters insurance assures residents and their belongings are taken care of should an unforeseen event occur.

YS Insurance is a highly respected independent agency with decades of experience. We offer affordable protection to renters in California. Our team works to curate policies that align with your insurance needs, providing comfort and peace of mind at prices that fall within your budget. Learn more about our offerings for renters and how we can help you secure the coverage you need.

What Is Renters’ Insurance and What Does It Cover?

During unexpected events, a tenant’s belongings can become damaged. You may not always be able to prevent certain situations, and this is where renters’ insurance comes into play. Many tenants mistakenly assume their landlord’s insurance will protect them should damage occur on the property, but that’s not the case. The landlord’s policy covers only the structure or complex itself, and not the tenant’s personal belongings.

With renters’ insurance, if a covered event such as a storm, fire, or theft occurs, policyholders can make a claim to receive appropriate compensation for their loss. Items that are covered through renters’ insurance can include electronics, furniture, clothing, and any appliances you own. Additionally, should tenants be forced to make other living arrangements while their unit undergoes repairs, renters’ insurance helps pay for living expenses until the rental unit is livable again.

Renters’ insurance doesn’t just cover property and belongings. It’s also intended to protect people. In the unfortunate event that a visitor falls down the stairs, slips on a spill, or is bitten by a pet while visiting your rented space, you may be financially responsible for any injuries they sustain. Renters’ liability coverage pays for any medical costs and litigation expenses.