MW Real Estate Group Discusses The Importance Of California Renter’s Insurance

Dec. 23, 2012 - PRLog -- To protect oneself to avoid being stuck in a precarious position upon something happening to a rented house, apartment or room, it is strongly urged that all renter’s get rental insurance to cover any possessions owned and contained within the rented unit.  

MW Real Estate Group—a full spectrum residential and commercial real estate firm located in Los Angeles—has recently discussed the importance of rental insurance and how California residents can go about getting it.

“Most homeowners’ policies do not cover rental units or possessions owned by a renter,” said Wolf Baschung, President of MW Real Estate Group.  “In the event of an incident where an apartment, house or room is damaged, an uninsured renter can lose everything; therefore, rental insurance is a must.”

Since 2010 MW Real Estate has continued to emerge as one of California’s top real estate brokerage firm due to their diligence in striving to provide their client’s with the most cost efficient solutions.

But just as important renter’s insurance is to have for tenants to protect them from any incidents that may occur resulting in the loss or damage of property, it also protects them from the following:

·        -- Protection from damages they cause

·         --Protection from damages they inadvertently cause

·         --Protection from fire

·         --Protection from fire

·         --Protection from visitors’ injuries

“Renters insurance is comparable to full coverage car insurance, covering the owner and protecting them from damages that they may cause,” said Baschung.  “This is something that so many tenants overlook until it is too late, so it is imperative for all renters to speak to an insurance agent to learn what policy would work best for them.  They are affordable and a variety of options are available, and it can save a tenant much money and stress in the long run.  There are countless situations that are out of people’s control and happen in life where renters insurance is there to protect a tenant and their possessions.”  

To learn more about MW Real Estate Group visit www.mwrealty.com; to learn more about the specifics of California renters insurance, as well as other important tips that both landlords and tenants should know, follow them on Facebook at http://www.facebook.com/pages/MW-Real-Estate-Group/166174593446973?fref=ts and Twitter at https://twitter.com/mwrealtyla.