When searching for an apartment, there are many factors that you should consider before signing on the dotted line. Equally important is finding the right renters insurance to protect you and your belongings.
Renters Checklist
Finding your dream apartment is all about the details, from the amenities of the building to the safety of the neighborhood and work commute. And while the apartment search can be exciting, it’s important to keep in mind both physical and financial safeguards to guide you towards making a well-rounded and informed decision.
Consider these tips as you begin your search for the perfect place:
- Safety: Evaluate the safety of the neighborhood at various times and the presence of security features on the premises like cameras and locked entries.
- Apartment Condition: Do a through walkthrough. Examine the doors, windows, and pipes in the unit. Check that appliances are in working order.
- Responsibilities: Confirm who is responsible for repairs and ask how quickly they respond.
- Pest-Free Living: Ask about pest-control measures, what they include and how they’re handled. Pest-control should be non-negotiable.
- Solid Foundation: Evaluate the building’s overall condition. Look out for signs of neglect or structural issues.
- Breathe Easy: Is the apartment well ventilated? Fresh air is a necessity for a healthy living space.
- Utilities: Assess the availability of electrical sockets, fire and carbon monoxide detectors, and internet connectivity. Inquire about the cost of utilities and apartment’s energy efficiency.
- Environment: Are you looking for a quiet neighborhood or do you want to be in the middle of all the action? Consider how noise levels, parking, and the work commute will impact daily living.
Meeting potential neighbors and asking about their experience can also provide valuable insight into community dynamics.
The Significance of Renters Insurance
While your landlord’s insurance covers the building, it doesn’t extend to your personal belongings. You need renters’ insurance for financial protection against unforeseen events like fires, theft, or natural disasters.
To secure the right coverage:
- Document Your Belongings: Create an inventory with photos, keep receipts, and note serial numbers of high-value items.
- Choose the Right Coverage: Decide if you prefer replacement value or actual cash value coverage for your belongings.
- Get Adequate Protection: Include sufficient coverage for medical payments and general liability. Consider additional coverages for relocation expenses, natural disasters, sewer backups, and high-value items such as electronics and jewelry.
Choosing an apartment that fits your lifestyle and securing renters insurance are pivotal steps in protecting yourself and your belongings. By understanding your insurance options, you can enjoy peace of mind in your new apartment.
Get a Free Quote from First Entertainment Credit Union Today!
Getting a free quote for renter’s insurance is easy and, if you bundle renter’s insurance with your auto insurance, you’ll save even more. Let one of our insurance agents conduct a free coverage check-up. They will recommend the coverage you need at the best rates.
Call or email one of our MBIS Agents today!
Cynthia Padilla, Insurance Agent, MBIS (Hollywood Branch)
323.845.4489
cpadi@firstent.org
Maria Okafor, Insurance Agent, MBIS (Hollywood Branch)
323.845.4494
mokaf@firstent.org
Monique Garcia, Insurance Agent, MBIS (Culver City Branch)
323.845.4495
mgarc@firstent.org
Media Benefits Insurance Services
6735 Forest Lawn Dr., Hollywood, CA 90068
insurance@firstent.org
www.firstent.org
Disclosures
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Insurance services offered through Media Benefits Insurance Services CA Lic#0H99393, a DBA for Media Benefits Corp., which is a wholly-owned subsidiary of First Entertainment Credit Union.
