Los Angeles, the entertainment capital of the States, welcomes more and more people every year. Whether you just graduated from one of the colleges in LA County or are moving to the city of Angels from across the country to take on the film industry, you probably have to find an apartment.
I understand, it can be hard to get to work when you are in LA with the sunny weather and all the fun things to do in the area; you would much rather hit the beach than go through apartment listings. But did you know that LA has the highest percentage of renters in the country? If all those people can do it, you can too!
So, when you have finally found an apartment, who has the energy or motivation to get renters insurance? Getting renters insurance seems like such a boring and complicated process. But that’s why we started Bungalow!
If you want to get started, you can get a quote for renters insurance in Los Angeles in 2 minutes on Bungalow. No one makes it easier! Not convinced you need renters insurance in Los Angeles? Read on to learn why you probably do!
Why you need renters insurance in Los Angeles
Could you afford to replace all your stuff if your apartment burned down or was damaged in a storm? Renters insurance covers both cases – and much less dramatic ones!
Also keep in mind that Los Angeles, despite all of its cultural appeal, still has crime like every major city. Renters insurance will protect you from theft and vandalism. Don’t believe us that renters insurance is worth it? Check out why the New York Times recommends purchasing renters insurance.
Additionally, many landlords now require that renters buy insurance in Los Angeles. This helps both the landlord and the renter!
If your landlord already has insurance, do you need to buy renters insurance in Los Angeles?
Your landlord’s insurance only covers the building you live in, not your belongings inside. That’s what renters insurance is for! Can you imagine buying new furniture, laptops, and clothes out of your pocket if your apartment burns down? For just a few dollars per month, renters insurance will replace your belongings if they are lost or damaged.
What else does renters insurance cover besides my property?
Renters insurance also has the following coverages:
Personal Liability – This will help cover your costs if you accidentally hurt someone or someone’s property and get sued as a result. A typical amount is $300,000.
Medical Coverage – This will help pay for medical expenses if someone is hurt on your property. Insurance companies provide this to help avoid lawsuits. A typical amount is $3,000.
Loss of Use – This will pay for a hotel or somewhere else for you to stay if you something happens to your apartment. A typical amount of coverage is $5,000.
With all these coverages, it’s no wonder that US News says you can’t afford to skip buying renters insurance.
Is renters insurance expensive or hard to buy?
Hopefully by now, you would agree that renters in Los Angeles should have renters insurance. So what’s stopping you? Many people think that renters insurance is too expensive. Luckily for you, that’s just a common misconception. Renters insurance in Los Angeles typically costs $15-$25 dollars per month. Most people will spend that much this month at any of the new hipster coffee shops popping up all over LA. Not so bad, huh?
What else? Getting renters insurance is boring and complicated, you say. Well, here you got me. Generally, getting renters insurance is a somewhat tedious process. With most companies you’ll my have to speak to an agent over the phone or in person. But that is exactly why we created Bungalow – to make buying renters insurance quick and easy, right online.
Now you have no excuses stopping you from getting a renters insurance. Get a free quote today
If you have additional questions about renters insurance, check out our more comprehensive Millennial’s Guide to the Best Renters Insurance.