With rising costs everywhere right now, many renters are looking to cut costs wherever they can. However, it is important not to drop your renter’s insurance. Though this can be a tempting cut to make, renter’s insurance offers many critical protections for tenants. Here are just a few of the many reasons why our attorneys believe it is important to carry renter’s insurance in San Francisco:
Some renters assume that they do not need renters insurance because their landlord has insurance. This is not the case. First, your landlord may or may not have adequate insurance. Second, depending on the situation, your landlord's insurance policy may not cover your damages. For example, unless your loss is the result of your landlord's negligence your landlord may not be liable for damages. For damages you cause, or that are accidental, your landlord's insurance will not protect you and you could have exposure for thousands of dollars in losses.
If the landlord is liable for the damage, then their insurance very likely does cover a tenant's property damages. However, it can be helpful for a tenant to have insurance all the same if their unit is damaged or they are forced to temporarily relocate due to a fire, flood, or something else that is not necessarily the result of landlord negligence.
The Bay Area is notorious for its high cost of living. Rent is not the only thing included in the cost of living: personal belongings, appliances, medical bills, and other losses covered by insurance can also be higher in an expensive city. Renters insurance protects you by covering all these losses. It can also pay for a hotel, short-term rental, or another lodging if you are forced to temporarily or permanently leave your rental unit.
Many lease agreements specifically state that the renter must carry insurance. If you fail to do so, you could be in breach of contract, and this could leave you personally liable for paying for uninsured losses. Paying your monthly premium is much easier than facing thousands of dollars in losses.
Did you know that you can be held legally responsible (“liable”) for accidents that happen on your rental property? Some accidents that result from poor maintenance (like a roof collapse) are likely your landlord’s responsibility. But if a guest slips and falls on something you spill in your house, you could be liable, and you could be on the hook for thousands of dollars in medical bills and other financial losses. The right renter’s insurance policy protects you from these costs by covering many types of household accidents.
Rising rent has created hardships for many families - especially here in San Francisco, one of the country’s most expensive cities. While there are many ways to cut back on household expenses, renter’s insurance should not be one of them. The affordable monthly premiums can save you thousands of dollars in uncovered losses and help provide comprehensive financial protection for you and your family.
At Wolford Wayne LLP, our tenants' rights lawyers are dedicated to helping families understand their rights as tenants and protect their best interests. For assistance with wrongful eviction or landlord harassment issues, contact us to schedule your consultation as soon as possible.
Recovered on behalf of a San Francisco couple who were forced to give up their home of over twenty years after their landlord’s dog attacked and killed their dog.Read More
Recovered on behalf of an Oakland tenant who suffered a serious injury due to her landlord’s negligent maintenance of her home.Read More
Recovered on behalf of a San Francisco tenant who suffered personal injuries and was forced to vacate his home of fifteen years after dealing with many months of environmental contamination and disruptive and nuisance construction conditions.Read More
Recovered on behalf of a group of 30 tenants living in an SRO in San Francisco who were living with horrendous conditions in their rent controlled apartments, including rodents, bedbugs, mold, water leaks and harassment.Read More
Recovered on behalf of three families living in a building in San Francisco’s SOMA neighborhood who were forced to live with substandard conditions for years as a result of their landlord’s negligence, including issues with lack of heat, lack of hot water and cockroach/rat infestations.Read More
Recovered on behalf of a couple living in a rent-controlled home in the outer Sunset neighborhood. Our clients were forced to vacate after the landlord served them with an Owner Move-In Eviction Notice. After the landlords failed to move into the property, our clients filed suit for wrongful eviction.Read More
Recovered on behalf of a San Francisco tenant in Russian Hill. Tenant was forced to vacate her illegal apartment in retaliation for reporting unlawful rent increases to the San Francisco Rent Board.Read More
Recovered for a single long-term tenant in San Francisco. Our client was forced to move out of his apartment as a result of extreme landlord harassment.Read More
Recovered on behalf of three long-term tenants in San Francisco’s Castro neighborhood who were constructively evicted due to noise and nuisance conditions created by their downstairs neighbors, which the owner refused to address.Read More
Recovered on behalf of elderly, disabled tenant who was forced to move out of her rent-controlled San Francisco apartment of 50 years after landlord/owner failed to resolve numerous building code violations that remained outstanding for over a decade.Read More
Recovered on behalf of seven tenants living in a makeshift boarding house in East Palo Alto.Read More
Recovered on behalf of two former San Francisco tenants who were evicted via an Owner Move-In Eviction and owner failed to occupy the unit as her primary place of residence.Read More
Recovered on behalf of an elderly long-term tenant who was forced to vacate her long San Francisco apartment as a result of her landlord’s refusal to address longstanding defective conditions, including lack of heat, mold, rodent infestations, and defective plumbing. Read More
Recovered on behalf of a San Francisco tenant who was forced to vacate his home as a result of ongoing, disruptive construction and the owners’ refusal to provide him with alternative housing. Read More
Recovered on behalf of a San Francisco family that was constructively evicted from their home in the Richmond District as a result of unlawful rent increases, defective conditions and tenant harassment.Read More
Recovered on behalf of a tenant living in an illegal “in-law” unit. In this case, a new owner purchased the building and then demolished our client’s unit without permits while she was displaced for seismic retrofitting.Read More
Recovered on behalf of two long term San Francisco tenants who were fraudulently evicted from their home of over twenty years under the pretext of an owner move-in eviction.Read More
Recovered for tenant who was injured when their stairway railing collapsed at the tenant’s Mission District apartment building.Read More
Recovered in action for a group of tenants forced to vacate their San Francisco apartment house due to severe habitability defects including mold and water leaks.Read More