Rent vs Buy in Los Angeles>Question Details

Sabrinalovett, Renter in Los Angeles, CA

What are some rates for rental insurance for two bedroom, two bath apartment in Los Angeles, California?

Asked by Sabrinalovett, Los Angeles, CA Thu Dec 9, 2010

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You can most likely find something around $20-$50 a month. Contact your car insurance company, they may have combined deals that will save you money!
2 votes Thank Flag Link Thu Dec 9, 2010
Renter's insurance is fairly expensive and can run between $25-$75 depending on what you want to include in the coverage.
Let me know if you need me to make a recommendation for a couple of Insurance agents who can help you out.

Thanks
David
Web Reference: http://www.DavidNewHome.com
0 votes Thank Flag Link Thu Dec 16, 2010
There are of course several factors that influence your premium. I contacted my insurance representative Don Matthew with Liberty Mutual and he estimated it would be about $21 a month. I can put you in contact with him for more information if you would like.
Feel free to email me at Keri@keriwhite.com
Good luck!
0 votes Thank Flag Link Thu Dec 9, 2010
Try contacting my very helpful insurance agent for a quote:
Rod Pyle / Farmers Insurance Agent
5711 W. Slauson Ave / Suite 240 / Culver City, CA 90230
(310) 421-0940 / rpyle@farmersagent.com / http://www.rodpyle.com
Good Luck!
SUZANNE (SUZIE) GLASER
LA VILLAGE REALTY
p.310.383.1141 | http://www.LAVillageRealty.com
RealEstateSuz@gmail.com | lic # 01390707
(a division of Power Brokers Int'l | lic # 01520327)
0 votes Thank Flag Link Thu Dec 9, 2010
Assuming nothing unusual it won't be more than a couple hundred dollars. Since you are insuring the contents the quote will vary based on the value of your contents. Plus factors such as security systems,....will also affect price. Check for all available discounts such as multipolicy with your auto insurance or AAA.

I have a great agent at Liberty Mutual. If you need contact info let me know,
0 votes Thank Flag Link Thu Dec 9, 2010
Sabrina, not only does your location matter but the dollar amount of coverage and size of deductible will also factor into the equation. You should be able to obtain a free quote from most reputable insurance brokers.

Risa Liebster, Realtor®
Keller Williams Realty
818.397.9188
RSLiebster@gmail.com
http://www.TolucaLakeRealEstate.net
0 votes Thank Flag Link Thu Dec 9, 2010
Hi Sabrina,
Rent vs. Buy is a great ongoing question, and depends so much on your personal situation. At the heart of the starting point is your question: What are LA rental rates? Los Angeles has as many varied rents as it does geography and community, so the better question would be: What are the rents in my local community? To share that information, I would need to know where in Los Angeles you want to live, and what amenities you want, and what your general budget is. Then we could discuss rental rates vs. proximity to transportation, proximity to social and lifestyle amenities, condition of properties, etc.
In general, the rental market is soft, because it is a buyers market for purchasing. When homes are more affordable to own, less people will be renting; therefore, prices will be lower.
Deborah Bremner
The Bremner Group at Coldwell Banker
REALTOR, 00588885, ABR, CDPE, eAgent, CSP, SFR, HRC, CRE
(O) 310-571-1364 DIRECT
(D) 818.564.6591
http://www.thebremnergroup.com/news/
0 votes Thank Flag Link Thu Dec 9, 2010
Rates will vary greatly in the los angeles area....could you be more specific as to a zip code or area within Los Angeles county? I would be happy to help.

Vince Lombardi
Real Estate and Mortgage Services
DRE # 01261486
Direct: (310) 489-5608
eFax (310) 919-0303
0 votes Thank Flag Link Thu Dec 9, 2010
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