Renters Insurance in California
Being a landlord is a never-ending job of fielding phone calls about your rental properties. There is one phone call no landlord ever wants to get, though. The last thing you want to hear is that your tenants went to Margo Dodd Park or Price Historical Park for the day and left the stove on--and the place is burned down. Should something like this happen to one of your rental units in California, you will need more than your tenants’ renters insurance policy to recover from the loss.
Dwelling Fire Insurance Policies
For landlords in Pismo Beach, CA, renters insurance does not provide adequate protection. Renters insurance policies are designed to protect renters’ belongings and provide them with liability coverage; it does not cover physical rental units. Rental units are covered by dwelling fire insurance policies.
Dwelling fire insurance policies protect buildings people live in. The buildings may be single-family homes, condominiums, apartment complexes or mobile homes. This type of insurance only covers the physical structure of these buildings, not the belongings and people inside of it. For landlords, it protects units without paying for coverage that is a tenant’s responsibility.
Learn About Dwelling Fire Policies
If you have questions about Pismo Beach, CA renters insurance and dwelling fire insurance, contact one of our insurance agents. Our insurance agency has always been independent, and we strive to make ourselves available when you need us. The staff at our insurance agency will go through both types of insurance with you, so you understand what type of coverage you need to purchase to protect your rental properties in California. Contact us today to learn more.