Best Renters Insurance Companies in Fullerton, CA

Fullerton, CA Renters Insurance FAQs

• Are you allowed to share a renters' insurance policy in Fullerton with your roommate?

  Whether you can share your renters' insurance policy with your roommate in Fullerton depends on your provider, but most carriers within the state do not allow roommates to share a policy. Instead, they may provide "other members of the household" coverage, which allows up to two unrelated roommates to be added to your renters' insurance.

• If you share renters' insurance with a roommate, what should you do once your Fullerton roommate moves out of the rental property?

  The first thing you need to do once your roommate moves out is to contact your Fullerton renters' insurance provider and inform them about this change. You will be asked to update your policy so that you will become the sole policyholder. In the event that you get another roommate that you want to share your policy with, you will have to update your policy again.

• What is covered by a Fullerton renters' insurance?

  Renters' insurance in Fullerton covers the following expenses:

  • Personal property. This refers to your belongings, wherein your policy will reimburse you when your things get damaged or stolen.
  • Medical protection. This applies when a guest in your rental property gets injured and needs to be compensated for their hospital bills.
  • Loss of use. If the rental property becomes uninhabitable due to covered losses, you will receive coverage for temporary rentals.

• Are you legally required to have renters' insurance in Fullerton?

  There are no state laws that require tenants in Fullerton to carry renters' insurance. However, some landlords may require it as part of your lease agreement with them, and there are also no laws preventing them from requiring it in the agreement. However, your landlord cannot also evict you for not insuring your personal property in the event that they suddenly change their mind.

• How much does renters' insurance cost in Fullerton?

  The cost of Fullerton renters' insurance may range from $60 to $248 per year, with the average being $153 per year. When purchasing a policy, you can obtain discounts if your rental property has security and safety devices, such as burglar alarms and sprinklers. Opting for a higher deductible can also help you lower your insurance premiums.