Renters Insurance in Moreno Valley, CA
Renting your place comes with many perks, but it also means you’re responsible for what’s inside. Suppose your electronics get stolen, or a pipe bursts and floods your belongings. That’s where renters insurance can help. It’s a simple and affordable way to cover what you’ve worked hard to own.
When Should I Get Renters Insurance? 
The ideal time to purchase a renters policy is before you move into your new rental property. Most landlords require proof of coverage before handing over the keys. Securing coverage when you sign your lease may financially protect you from day one and prevent situations where your belongings could be at risk.
When Should I Cancel My Renters Insurance?
Only cancel your renters insurance after you’ve completely moved out of your rental property and relocated all belongings to your new residence. If you’re moving to another rental, transfer your policy instead of canceling it. This maintains continuous coverage and often costs less than starting a new policy. Remember to give your insurance company at least 30 days’ notice before cancellation.
What Does My Policy Cover?
Renters insurance typically includes three main components:
- Personal property coverage may cover your belongings from fire, water damage, theft and other covered perils. This includes furniture, small appliances, electronics, clothes and other personal items.
- Liability protection may cover legal expenses and medical bills if someone gets injured in your rental unit or if you accidentally damage someone else’s property.
- Additional living expenses coverage may pay for temporary housing, meals and related costs if your rental becomes uninhabitable due to a covered loss.
Learn More
Discover how affordable renters insurance can be. Contact 321 Insurance Services Inc today to explore your options.