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Landlord Insurance California

The safe space for those who rent.

Hilltop landscape from Whittier, California overlooking los ange

Life in the Golden State can be a vibrant experience. You can either have a home in the deep forest, buy one near the sea, or submerge yourself in the fast-paced city. It doesn’t matter where you have your rental property, at PSIC we’ve got you covered. 

 

Being a landlord, and having the right protection, is simply a great match. At PSIC, we’re committed to providing you with comprehensive Landlord Insurance coverage and helping you keep your investment safe. While having Landlord Insurance may not be required by law, your lender might say otherwise. Moreover, having a solid backup for unexpected Cali’s events will help you have extra peace of mind.

Landlord Insurance Coverage in California

Explore the fundamental layers of protection provided by Landlord Insurance in California.

Dwelling

Get the main structure of your rental home covered in case it needs repair or rebuilding due to theft or weather damage such as wind, fire, and fallen trees.

Additional structures

Get your storeroom, workspace, garage, or other detached structure safe and secure. Get your storeroom, workspace, garage, or other detached structure safe and secure. 

Loss of use

Protect yourself in case your investment property is damaged and you need to cover your rental income while it’s being repaired.

Customize it according to your needs

Cali tenants often roll with:

Increased dwelling

Extend your rental home coverage by increasing the protection of the structure, detached structures, or both in case you need to repair or rebuild them.

Mortgagee clause

Ensure your mortgage lender that your home remains properly insured to satisfy their interests and protect the investment you made in rental property.

Personal liability

Get legal and medical expenses covered when you’re found responsible for causing bodily injury or property damage to others.

Ordinance or law

Cover the expenses coming from current building code standards in the event of a covered loss. 

Increased loss of use

Enhance your standard coverage in case your investment property is damaged and you need to cover your rental income while it’s being repaired.

Common Risks

In the land of sun and surf, you’ve got to prepare yourself for the unexpected. At PSIC we want to make sure you’re protected from Cali’s usual risks in our Landlord Insurance —wildfires, earthquakes, and floods. These events, as unpredictable and destructive as they are, can cause serious problems to your rental property if you’re not properly insured.

With PSIC, you can protect your investment home and your loved ones. While our standard Landlord Insurance policy protects you against fire damage, we recommend you get specific earthquake and flood policies. This way, you will have exactly the protection you need.

How Much is Landlord Insurance in California

Understanding factors that will affect your Landlord Insurance cost, alongside with choosing ideal add-ons, will help you have a more comprehensive coverage.

Certain cities and zip codes play a huge role in your Landlord Insurance cost. If your neighborhood has a higher risk rate for weather damage, or maybe a higher claims history due to crime, your premiums might be more expensive.

Old homes, as unique as they are, often are associated with higher risks of damage due to old plumbing, electrical wiring, and other connections among others. By detailing this, we can provide tailored coverage and ensure the right protection when you need it most.

The size of your home will directly impact your Landlord Insurance cost. In other words, the bigger your investment property is, the more expensive its replacement cost can potentially get in the event of a covered peril. Your rental home’s measures will allow us to provide more accurate protection.

Striking a balance between cost and coverage is key. Opting for a higher deductible could result in lower premiums, yet it’s important to be prepared for higher out-of-pocket costs when making a claim.

A clean record signals responsible stewardship, usually translating into lower insurance premiums. Conversely, a record of frequent claims might suggest a higher risk profile, leading to increased insurance expenses in the Golden State's landscape.

This factor considers your rental activity in your property. If you are more likely to have long-term tenants on year-long leases, it generally implies stability and responsible care for the property. Occasional short-term leases can indicate less commitment, potentially leading to damage and higher premiums.

It’s All About Insurance!

Learn about insurance coverage, safety tips, money-saving options, do’s & don’ts, news, and much more in the resources section.

Safety Tips for Dog Owners

Pets become cherished members of our family, but it’s crucial to recognize that they have unique needs and can behave unpredictably at times. Therefore, it’s important to take proper precautions to protect them and also ensure the safety of those around them. Let’s go over some tips to make this happen.

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Advantages of Living in a Gated Community

From enhanced safety and privacy to a strong sense of belonging, living in a gated community offers a wider range of benefits than traditional neighborhoods do. Discover the numerous advantages that come with this lifestyle, we’ll address common questions and provide insights into the advantages of this experience.

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Which Dwelling Fire Policy to Choose?

There isn’t a right or wrong choice of coverage, all it has to do is fit your needs. DP1 Insurance provides basic protection of your property from a detailed list of perils, DP3 Insurance offers a broader scope of coverage, except for a few perils, also mentioned in your policy.

FAQ

FAQ

What is DP3 Insurance?

DP3 Insurance, also known as Special Dwelling Insurance or Open Peril Insurance, is a protective buffer for your rented, primary owner occupied or seasonal property. It’s specifically designed to keep your home and assets safe with an open peril policy, covering a wide scope of potential risks, with a few exceptions.

FAQ

FAQ

Get Fully Protected

Check out all the coverage options available in California!

Privacy Notice at Collection for CA employees

Last updated: June 27, 2023

  1. About this Notice. This privacy notice sets out how The McGraw Group of Affiliated Companies collects and uses personal information about you in compliance with our obligations under the California Consumer Privacy Act of 2018 (CCPA), as amended by the California Privacy Rights Act of 2020 (CPRA). This Notice supplements all other privacy policies we have in place.

We take the privacy of our employees and applicants very seriously. Please read this notice carefully as it contains important information on the personal information that we collect, why we collect it, how long we keep it, and that it is not sold to third parties.

  1. Key Terms. The following key terms are used in this notice:
  • We, us, our. The McGraw Group of Affiliated Companies.
  • Personal information. Any information that identifies, relates to, describes, is reasonably capable of being associated with, or could reasonably be linked with a particular individual.
  • Sensitive personal information. Personal information revealing an individual’s social security number, driver’s license and passport numbers, account numbers and credentials, precise geolocation, racial or ethnic origin, religious beliefs, or union membership, personal information concerning a consumer’s health, sex life, or sexual orientation, contents of a consumer’s mail, email and text messages where the business is not the intended recipient, genetic data, and biometric information.
  • Biometric Information. An individual’s physiological, biological, or behavioral characteristics, including information pertaining to an individual’s deoxyribonucleic acid (DNA), that is used or is intended to be used singly or in combination with each other or with other identifying data, to establish individual identity. Biometric information includes, but is not limited to, imagery of the iris, retina, fingerprint, face, hand, palm, vein patterns, and voice recordings, from which an identifier template, such as a faceprint, a minutiae template, or a voiceprint, can be extracted, and keystroke patterns or rhythms, gait patterns or rhythms, and sleep, health, or exercise data that contain identifying information.

Other terms used but not defined will have the meaning set forth in the CCPA, as amended by the CPRA, Cal. Civ. Code §§ 1798.100—1798.199.100, and accompanying regulations set forth under Cal. Code Regs. tit. 11, § 7000 et seq.

  1. Personal Information We Collect About You. We may collect and use the following categories of personal information about you:

Categories of Personal Information Collected

  • Identifiers: Name, alias, postal address, email address, phone number, account name, social security number, driver’s license number, passport number, or other similar identifiers.
  • Employment-related information such as your job title, salary, benefits information, emergency contact information, references, qualifications, skills and experience.
  • Personal information as defined in Customer Records law: Name, signature, social security number, physical characteristics or description, address, telephone number, passport number, driver’s license or state identification card number, education, professional license number employment history, bank account number, other financial information, medical information, and/or health insurance information.
  • Characteristics of protected classifications under California or federal law such as race, age, sex, familial status, and disability.
  • Audio, electronic, visual, or similar information such as photographs and call recordings
  • Background check information such as your criminal and credit history
  • Inferences are not drawn from any of the information identified above to create a profile reflecting your preferences, characteristics, psychological trends, predispositions, behavior, attitudes, intelligence, abilities, and aptitudes.
  1. How and Why We Use Your Personal Information. We use your personal information for the following purposes:

Purposes for Collecting and Using Your Personal Information

Managing Human Resource Functions:

  • Recruiting, hiring, and onboarding
  • Performing background checks
  • Implementing diversity and inclusion initiatives
  • Training and career development
  • Assessing performance
  • Determining promotions, transfers, salary, awards, and bonuses
  • Managing disciplinary matters
  • Managing payroll and business expenses
  • Administering leave requests
  • Employee communications
  • Administration of benefits
  • Promoting employee health and safety

Conducting business operations:

  • Budgeting
  • Recordkeeping and reporting requirements
  • Managing infrastructure and company assets
  • Strategic planning
  • Maintaining security and risk management
  • Emergency response and business continuity
  • Conducting audits
  • Pursuing or defending legal or administrative claims

Monitoring:

  • Compliance
  • Use of company resources
  • Any other monitoring activities permitted by applicable laws

Compliance with:

  • Legal and regulatory obligations
  • Court or other government directives
  • Internal policies and procedures

Investigating:

  • Reports of wrongdoing
  • Policy violations
  • Internal complaints
  1. Whether Personal Information Will Be Sold or Shared. We do not sell or share the personal information of employees.
  2. How Long Your Personal Information Will Be Kept. We will keep your personal information for as long as is necessary while you are employed by us. Thereafter, we will keep your personal information:
  • To respond to any questions, complaints or claims made by you or on your behalf or;
  • To keep records required by law. In California, this is currently and generally a minimum of four (4) years.

We will not retain your personal information for longer than necessary for the purposes set out in this notice. Different retention periods apply for different types of personal information.

When it is no longer necessary to retain your personal information, we will delete or anonymize it.

  1. If you have any questions or concerns about this notice or the information we collect about you, please contact send an email to privacy@pacificspecialty.com.