{"id":5189,"date":"2023-05-09T19:40:06","date_gmt":"2023-05-09T19:40:06","guid":{"rendered":"https:\/\/www.costulessdirect.com\/?page_id=5189"},"modified":"2023-05-09T20:11:09","modified_gmt":"2023-05-09T20:11:09","slug":"landlord-insurance","status":"publish","type":"page","link":"https:\/\/www.costulessdirect.com\/insurance-solutions-california\/landlord-insurance\/","title":{"rendered":"Landlord Insurance in California"},"content":{"rendered":"<div class=\"c-section  \" >\n    <div class=\"o-wrapper o-wrapper--small\">\n\n            <h2 class=\"c-section__title c-section__title--left c-section__title--blue\">Protect Your California Rental Investment with Cheap Landlord Insurance Quotes<\/h2>\n            <div class=\"o-component s-cms-content\">\n        <p>Owning one or more properties in California is a great investment and can bring in significant passive income. Still, if something goes wrong and the property gets damaged, you\u2019ll want to have <span style=\"white-space:nowrap;\">budget-friendly<\/span> landlord insurance to see you through the turmoil. If you don\u2019t have a good policy, you may get stuck with substantial expenses.<\/p>\n<p>Whether you own one property or ten, you\u2019re at risk of the various problems that come with property ownership and management. Your tenants may cause damage to the apartment that\u2019s more extensive than the security deposit. Or a natural disaster may strike, leaving your complex in shambles. Either of these scenarios can wreak havoc on your ROI. That\u2019s why investing in cheap landlord insurance is a property owner&#8217;s smartest move.<\/p>\n<p>Discover how <span style=\"white-space:nowrap;\">Cost-U-Less<\/span> Insurance can help you protect your properties with an affordable insurance policy. Reach out to an agent today to explore your options.<\/p>\n    <\/div>\n    \n\n            <h2 class=\"c-section__title c-section__title--left c-section__title--blue\">What Is Landlord Insurance?<\/h2>\n            <div class=\"o-component s-cms-content\">\n        <p>This coverage helps to protect your investment and rental income properties when something goes wrong. It\u2019s designed to minimize financial losses due to a tenant\u2019s negligence or recklessness. It generally covers things like damage to the home, personal liability claims, and loss of rental income.<\/p>\n<p>A landlord policy is separate from your homeowner\u2019s policy. This type of policy is an essential form of security for landlords, keeping what may be their biggest investment protected.<\/p>\n    <\/div>\n    \n\n<div class=\"o-component s-cms-content\">\n            <picture>\n            <source media=\"(min-width: 700px)\" srcset=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2023\/05\/img-intern-landlord.jpg 1x, https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2023\/05\/img-intern-landlord@2x.jpg 2x\">\n            <img class=\"sp-no-webp\"  decoding=\"async\" src=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2023\/05\/img-intern-landlord.jpg\" alt=\"Group of business people discussing real estate project.\" srcset=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2023\/05\/img-intern-landlord@2x.jpg 2x\" loading=\"lazy\" width=\"320\" height=\"142\">\n        <\/picture>\n    <\/div>\n\n            <h2 class=\"c-section__title c-section__title--left c-section__title--blue\">How Much Does Rental Protection Cost?<\/h2>\n            <div class=\"o-component s-cms-content\">\n        <p>The price for a policy varies depending on several factors, but the national average is just under $1,300 annually. The average cost in California is $896. That is a decent price, considering the cost of just one incident can be much higher.<\/p>\n    <\/div>\n    \n\n            <h2 class=\"c-section__title c-section__title--left c-section__title--blue\">Are There Discounts Available?<\/h2>\n            <div class=\"o-component s-cms-content\">\n        <p>Yes. There are several discounts to ask your agent about, including bundling, reducing administrative costs by signing up for <span style=\"white-space:nowrap;\">auto-billing<\/span>, being a loyal customer and more.<\/p>\n    <\/div>\n    \n\n<div class=\"c-section__content\" id=\"list-with-icons-block_3b10dc9d89936845728edd11eda983c4\">\n    <div class=\"o-component c-icons-list\">\n                    <ul class=\"o-list-bare c-icons-list__list\">\n                                                        <li class=\"o-list-bare__item c-icons-list__item\">\n                        <img decoding=\"async\" class=\"c-icons-list__icon\" src=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2023\/03\/icon-bundling-insurance.svg\" alt=\"Hands holding icons of a house and car.\" aria-hidden=\"true\" width=\"60\" height=\"60\" loading=\"lazy\">\n                        <div class=\"o-component c-icons-list__content s-cms-content\" style=\"margin-top: 0;\">\n                            <p>Bundling: Carrying more than one policy with the same carrier<\/p>\n                        <\/div>\n                    <\/li>\n                                                        <li class=\"o-list-bare__item c-icons-list__item\">\n                        <img decoding=\"async\" class=\"c-icons-list__icon\" src=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2023\/05\/Icon-AutoBilling-op2.svg\" alt=\"Icon of bills and credit card.\" aria-hidden=\"true\" width=\"60\" height=\"60\" loading=\"lazy\">\n                        <div class=\"o-component c-icons-list__content s-cms-content\" style=\"margin-top: 0;\">\n                            <p>Auto-Billing: Allowing the insurer to automatically withdraw the premium each month or better yet, paying the entire balance in full.<\/p>\n                        <\/div>\n                    <\/li>\n                                                        <li class=\"o-list-bare__item c-icons-list__item\">\n                        <img decoding=\"async\" class=\"c-icons-list__icon\" src=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2023\/05\/icon-loyalty-discounts.svg\" alt=\"Hands holding a diamond.\" aria-hidden=\"true\" width=\"60\" height=\"60\" loading=\"lazy\">\n                        <div class=\"o-component c-icons-list__content s-cms-content\" style=\"margin-top: 0;\">\n                            <p>Loyal Customer: Your carrier should reward you if you are a returning customer.<\/p>\n                        <\/div>\n                    <\/li>\n                            <\/ul>\n            <\/div>\n<\/div>\n\n\n<br>\n\n\n            <h2 class=\"c-section__title c-section__title--left c-section__title--blue\">Is This Type of Insurance a Requirement in California When I Rent My Home?<\/h2>\n            <div class=\"o-component s-cms-content\">\n        <p>This insurance is optional, so you can choose whether you want to purchase it or not. But what happens when a terrible accident occurs, and the property becomes damaged if you don\u2019t have the coverage? You\u2019ll be stuck paying for everything out of pocket. No matter how you look at it, you put yourself and your business at risk by foregoing it.<\/p>\n    <\/div>\n    \n\n    \n            <a href=\"https:\/\/www.costulessdirect.com\/insurance-solutions-california\/landlord-insurance\/landlord-insurance-faq\/\" class=\"o-component c-icon-callout c-icon-callout--orange\" id=\"product-callout-block_2c3d4db0a049832c23a376adc2e85431\">\n                                <img decoding=\"async\" class=\"c-icon-callout__img\" loading=\"lazy\" src=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2022\/11\/icon-faqs.svg\" alt=\"Telephone with multiple conversations\" width=\"48\" height=\"48\" aria-hidden=\"true\">\n                        <div class=\"c-icon-callout__content\">\n                <h2 class=\"c-section__title c-section__title--left c-icon-callout__title\">Landlord Insurance FAQ<\/h2>\n                <div class=\"s-cms-content s-cms-content--big\">\n                    <div class=\"c-icon-callout__content\">\n<div class=\"s-cms-content s-cms-content--big\">\n<div class=\"c-icon-callout__content\">\n<div class=\"s-cms-content s-cms-content--big\">\n<div class=\"c-icon-callout__content\">\n<div class=\"s-cms-content s-cms-content--big\">\n<div class=\"c-icon-callout__content\">\n<div class=\"s-cms-content s-cms-content--big\">\n<div class=\"c-icon-callout__content\">\n<div class=\"s-cms-content s-cms-content--big\">\n<p>Get answers to common landlord insurance questions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n                <\/div>\n            <\/div>\n            <\/a>\n    \n\n            <h2 class=\"c-section__title c-section__title--left c-section__title--blue\">What Is Covered for Rental Properties?<\/h2>\n            <div class=\"o-component s-cms-content\">\n        <p>So, just what is covered when you purchase a California policy specifically for landlords? Let\u2019s take a look at the three main areas of protection. These include:<\/p>\n<ul>\n<li><strong>Property Damage<\/strong>: Your real estate property in California, including any furnishings that you own, will be covered in the event of a natural disaster, electric or gas malfunction, fire, vandalism, or irresponsible tenants. You may be covered in the event of an earthquake, but check with the agent to be sure an addendum isn\u2019t necessary for this coverage. Since California is prone to getting earthquakes from time to time, it\u2019s a good idea to consider adding this coverage if it\u2019s not already included in your policy.<\/li>\n<li><strong>Liability Protection<\/strong>: Personal liability protection will protect you from losing everything in a lawsuit. If someone has a nasty accident on your property, you\u2019ll be held liable if you don\u2019t have proper protection. You\u2019re at risk of getting sued. A landlord policy will cover the other party\u2019s medical costs and your legal costs. So, you can rest easy.<\/li>\n<li><strong>Lost Rental Income<\/strong>: In some situations, your property may become so damaged that it becomes uninhabitable. When this occurs, the tenants need to move out, so you can have the place rehabilitated or repaired. But while they are gone, you will be losing money every month unless you have the proper coverage that will reimburse you for the lost rental income.<\/li>\n<\/ul>\n<p>When you talk to a <span style=\"white-space:nowrap;\">Cost-U-Less<\/span> agent, they will discuss the extent of your coverage.<\/p>\n    <\/div>\n    \n\n            <h2 class=\"c-section__title c-section__title--left c-section__title--blue\">What Types of Rental Structures Are Covered Under the Policy?<\/h2>\n            <div class=\"o-component s-cms-content\">\n        <p>Any type of place that\u2019s used to generate housing rental income for a real estate developer or a smaller landlord is an appropriate structure policy. Some of these places include:<\/p>\n<ul>\n<li>Property purchased for the sole purpose of renting.<\/li>\n<li>Renting your own home for more than one year.<\/li>\n<li>Housing complexes.<\/li>\n<li>Condos or duplexes.<\/li>\n<li>Airbnb or other vacation rentals.<\/li>\n<li>Any housing unit that you don\u2019t occupy but rent out.<\/li>\n<\/ul>\n    <\/div>\n    \n\n\n<div class=\"c-section\" id=\"get-callout-block_9373fa3afae797ad5c64026386efd48e\">\n        <div class=\"c-get-callout\">\n                            <h2 class=\"c-section__title c-section__title--blue\">How to Find an Affordable Landlord Coverage Policy in California<\/h2>\n                                        <div class=\"o-component s-cms-content s-cms-content--center\">\n                    <p>Ready to get your free quote for California landlord insurance? Speak with a <u><a href=\"https:\/\/www.costulessdirect.com\/contact-us\/\"><span style=\"white-space:nowrap;\">Cost-U-Less<\/span> agent<\/a><\/u> and get the coverage you need to protect your investments. Don&#8217;t wait any longer to get the peace of mind you deserve at the best rate possible.<\/p>\n                    \n                <\/div>\n                                                            <ul class=\"o-component o-list-bare c-get-callout__list\">\n                                                                                                                            <li class=\"o-list-bare__item c-get-callout__item\">\n                                <button class=\"c-get-callout__link js-quote-modal-button\" aria-expanded=\"false\" aria-controls=\"modalQuote\">\n                                    <img decoding=\"async\" class=\"c-get-callout__img\" loading=\"lazy\" src=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2022\/10\/quote.svg\" alt=\"Computer icon with quote box\" width=\"80\" height=\"80\" aria-hidden=\"true\">\n                                        <span class=\"c-get-callout__text\">Quote online<\/span>\n                                    <\/button>\n                            <\/li>\n                                                                                                                                                        <li class=\"o-list-bare__item c-get-callout__item\">\n                                <a class=\"c-get-callout__link\" href=\"tel:800-390-4071\">\n                                    <img decoding=\"async\" class=\"c-get-callout__img\" loading=\"lazy\" src=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2022\/10\/phone.svg\" alt=\"Hand holding a phone\" width=\"80\" height=\"80\" aria-hidden=\"true\">\n                                    <div class=\"c-get-callout__text\">Over the phone<\/div>\n                                <\/a>\n                            <\/li>\n                                                                                                                                                            <li class=\"o-list-bare__item c-get-callout__item\">\n                                <a class=\"c-get-callout__link\" href=\"https:\/\/locations.costulessdirect.com\/\">\n                                    <img decoding=\"async\" class=\"c-get-callout__img\" loading=\"lazy\" src=\"https:\/\/www.costulessdirect.com\/wp-content\/uploads\/2022\/10\/visit.svg\" alt=\"Two hands shaking\" width=\"80\" height=\"80\" aria-hidden=\"true\">\n                                    <div class=\"c-get-callout__text\">Visit us<\/div>\n                                <\/a>\n                            <\/li>\n                                                                                                    <\/ul>\n                                    <\/div>\n<\/div>\n\n\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":177,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/www.costulessdirect.com\/wp-json\/wp\/v2\/pages\/5189"}],"collection":[{"href":"https:\/\/www.costulessdirect.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.costulessdirect.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.costulessdirect.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.costulessdirect.com\/wp-json\/wp\/v2\/comments?post=5189"}],"version-history":[{"count":7,"href":"https:\/\/www.costulessdirect.com\/wp-json\/wp\/v2\/pages\/5189\/revisions"}],"predecessor-version":[{"id":5260,"href":"https:\/\/www.costulessdirect.com\/wp-json\/wp\/v2\/pages\/5189\/revisions\/5260"}],"up":[{"embeddable":true,"href":"https:\/\/www.costulessdirect.com\/wp-json\/wp\/v2\/pages\/177"}],"wp:attachment":[{"href":"https:\/\/www.costulessdirect.com\/wp-json\/wp\/v2\/media?parent=5189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}