Los Angeles, CA

The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!: Renters Insurance Guide & What It Actually Costs

Last updated May 09, 2026

Looking for the best renters insurance for The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! in Los Angeles? We break down what the lease requires, what coverage actually costs here (~$18/mo), the 4 discounts that may apply, and how the major carriers compare for your zip.

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Renters Insurance at The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!

We found a few insurance details on the The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! website. Your lease may have additional requirements — treat these as a starting point.

Lease Requirements

Interested party* Add property to policy
See how your options compare. Get a quote

* An "interested party" is the property management company listed on your insurance policy. It doesn't give them any claim rights — it just means they get notified if your policy lapses, which is how the leasing office verifies you stay insured.

One thing to watch for: when you purchase your policy, most carriers have a field where you add the property as an interested party — skip that step and your proof may get rejected. It takes 30 seconds during checkout. Start a quote to see which carriers handle this automatically.

What Affects Your Premium Here

Every building is different. These factors specific to The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! can push your insurance cost up or down:

Older Building

Built in 1930 — older plumbing/electrical may increase risk

Open Access

No gated or controlled access — higher theft exposure

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 2198/100K (39% above national average)

What You'll Likely Pay

$18

Est. Monthly

$213

Est. Annual

$16

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! based on the rent level and building features.

Personal Property

What your stuff is worth

$30,000 recommended

If you own less

$20,000

If you own more

$50,000

Liability

Covers accidental harm & lawsuits

$100,000 recommended

Standard minimum for most lease requirements in California. Cats present minimal liability risk vs dogs.

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!:

Carrier Monthly Annual
Lemonade $9/mo $111/yr
USAA $10/mo $125/yr
State Farm $14/mo $167/yr
Progressive $15/mo $181/yr
Safeco $15/mo $181/yr
Travelers $16/mo $195/yr
Allstate $17/mo $209/yr
Nationwide $17/mo $209/yr
Farmers $19/mo $223/yr
Liberty Mutual $21/mo $251/yr

Discounts You May Qualify For

Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $18/mo

4 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Los Angeles.

Los Angeles property crime rate

2,198

per 100K residents

39% above U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
324 / 200
Larceny / theft
1,361 / 1,172
Vehicle theft
513 / 206

U.S. average

Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area. The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! also has on-site security features (Property manager on site, Video patrol) that insurers recognize with discounts.

Source: FBI UCR Program, Los Angeles (2024-12 to 2025-11)

What residents talk about most

Management

Consistently positive in reviews

“Management is responsive, professional, and cares about residents.” — Google reviewer

On-Site Security

Property manager on site Video patrol

Natural Hazards & Your Renters Coverage

Of the three big natural hazards a renter might worry about, only earthquake risk stands out at The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!. USGS classifies the surrounding area as high seismic hazard, which a typical renters policy specifically excludes. Flood risk is minimal here and severe-weather damage is already covered. The section below details what an earthquake endorsement actually buys.

Flood damage

This address is in one of FEMA's lower flood-risk classifications. Standard renters policies don't cover flood damage anywhere, but in low-risk zones the cost of a separate NFIP policy generally isn't justified by the expected loss. The detail is below mostly for completeness.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Earthquake shaking

At this hazard level, the question isn't whether a damaging earthquake is possible — it's how to handle the fact that a standard renters policy excludes the damage if one happens. Earthquake endorsements priced for renters typically run $50–$150 annually and cover personal property only (no structural coverage; that's already the landlord's responsibility).

High seismic hazard · ground motion 1.11g

A renters earthquake endorsement covers personal property only and runs roughly $50–$150 a year — structural damage is the landlord's responsibility.

Hazard data from USGS National Seismic Hazard Model. The ground-motion figure is the level USGS expects to be exceeded with about 2% probability over a 50-year horizon — the standard reference used in building codes.

Severe weather you'd actually claim for

Severe-weather activity in Los Angeles County is at the low end. Standard renters insurance already covers wind and hail damage to your stuff, so the data below is more context than coverage gap.

High-wind events ~5.8/yr
Hail events ~1.0/yr
Tornado events ~1.2/yr
Flood events ~14.6/yr

Source: NOAA Storm Events Database, annual averages from the past five years for Los Angeles County. Counts reflect reported events, not damage amounts.

Compared to a fully unprotected address, the gap above is well-defined and inexpensive to close. The value of the standard policy doesn't change — the optional add-on does.

326 S Normandie Ave, Los Angeles, CA 90020

Koreatown

Built 1930 5 stories 49 units
3.4/5 ·5 reviews Google
1 review Apt. Finder
From $1,545 /month

Monthly Cost Breakdown at The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!

The listed rent isn't the whole number. Here's what The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,563
Base Rent $1,545
Est. Renters Insurance $18/mo

Fees Beyond Rent

These are the additional charges beyond base rent at The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Application Fee Per Applicant

Charged per applicant.

$50

Administrative Fee

Charged per unit.

Pets Fees

Pet Deposit

Max of 2. Charged per pet.

$300

Pet Deposit

Max of 2. Charged per pet.

$200

Parking Fees

Parking Fee

Max of 1. Charged per vehicle.

Free

Pet Policy

Bringing a pet? Here's what The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! allows. Standard renters insurance typically covers pet-related incidents, so you usually won't need any add-on coverage for a cat.

Cats Allowed
$200 – $300 Deposit
2 Pet Limit

About The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!

Year Built: 1930
Stories: 5 stories
Units: 49
Phone: (323) 455-2901

From the property listing:

Beautifully renovated, quiet building in the heart of Koreatown. Enjoy our tasteful combination of historic charm and modern upgrades. We currently have 1 bedroom apartments. These units will not last! Newly renovated units include granite counters, exposed brick, original hardwood flooring, spacious closets, new appliances, and panoramic views from our upper floors. Centrally Located to Freeways, Schools, Malls, LA LIVE, Hollywood, Nightlife, Restaurants, METRO, Theaters, Super Markets, etc. Professionally managed. Community amenities include 24-hour laundry facility and courtyard.

Frequently Asked Questions

Does The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! require renters insurance?
We found specific coverage details on the The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! website — these likely reflect lease requirements, but confirm with the leasing office. Even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!?
For this zip code and building type, expect to pay around $18/month ($213/year). For context, the statewide average is $16/month, so this building is above average.
What will I actually pay per month at The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!?
Plan for about $1,563/month all-in. That's base rent (From $1,545), plus roughly $18/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! allow pets?
Yes, The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! is pet-friendly. Here are the details: Cats Allowed. $200 – $300 Deposit. 2 Pet Limit. Standard renters insurance covers pet-related liability at no extra cost.
How safe is the area around The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!?
Property crime in Los Angeles runs noticeably higher than the national average — 2,198 incidents per 100,000 residents versus the U.S. average of 1,578. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 324/100K here. On the property itself, you'll find property manager on site, video patrol — features that can qualify for premium discounts.
What floor plans does The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! offer?
There is 1 floor plan available, a 1-bedroom layout. Rent ranges from From $1,545. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.
Is SafeButler affiliated with The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!?
No. SafeButler is not affiliated with The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! or its leasing office, property management, or owner — this page is not the official renters insurance page from The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown!. SafeButler is an independent renters insurance comparison platform; the information shown here is compiled from public sources and renter quote data, not from The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! directly. For lease, payment, or maintenance questions, contact the The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! leasing office.
What is SafeButler and how does it work for The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! renters?
SafeButler helps renters at The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! compare renters insurance options for their lease. On this page, renters can find lease-required coverage minimums where available, an estimated monthly premium for this address, the property's risk profile (crime and flood zone), and any discounts that apply to the building — then compare carriers side by side to find appropriate coverage levels. For renters at The Elmwood Apartments...Beautiful Apartments in the Heart of Koreatown! in Los Angeles, CA, SafeButler can compare price, coverage, deductible options, and any lease-required coverage minimums in a single flow. SafeButler may show quotes from carriers such as Lemonade and Liberty Mutual where available. SafeButler does not sell insurance directly and is not tied to one insurance company, so renters can choose the option that best fits their needs.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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