Best Renter's Insurance Companies in Tustin

FAQs

• If you have renters’ insurance in Tustin, are you covered if your home gets flooded?

  No, renters' insurance in Tustin does not typically cover flood damage. In Tustin, 38 structures, or 23% of existing properties, are at risk of severe flooding over the next three decades. Extra coverage is available through the National Flood Insurance Program if you can afford it, just in case the house you are renting happens to be a flood-prone property.

• How should you adjust your Tustin renters’ insurance if you do not want a high premium and have savings to fall back on?

  In this case, you can talk to your Tustin insurance provider about raising your deductible. This is equivalent to telling the insurer that you are willing to pay more out of pocket if your rates fall. However, this strategy is not without risk. You must maintain your financial ability to pay the deductible when the time comes.

• What happens if your lease agreement in Tustin requires you to get renters’ insurance and you fail to comply?

  If you fail to meet your landlord's requirements, they can sue you for breach of contract. Your renters' insurance is also supposed to cover the deductible on your landlord's insurance. In addition to noncompliance with your contract, your landlord in Tustin may sue you for the deductible your policy would have covered.

• Does your renters’ insurance in Tustin expire every year?

  Yes, your renters' insurance policy will expire at the end of the year. However, you should not be concerned. You can expect to receive a renewal offer as long as you pay your premium on time and are not guilty of fraud or misrepresentation. Insurers in Tustin are required by law to send you a notice 75 days before your policy expires if they have reasons not to renew it.

• Should you get renters’ insurance if you have a roommate in your Tustin apartment?

  Yes, because you still need to safeguard your personal belongings. Renters' insurance can save you money if your belongings are damaged, lost, or destroyed in a fire, storm, or theft. It is also preferable to obtain your own policy and not share it with your roommate, even if they are your best friend, because your needs and financial circumstances differ.