Does Renters Insurance Cover Theft?

Does Renters Insurance Cover Theft?

Does Renters Insurance Cover Theft?

Here’s the quick answer:

  • Renters insurance can cover theft of certain personal property.
  • Damage caused by a break-in can be covered as well. 
  • High-value items might require special coverage.


Q: I know that my renters policy covers my belongings for things like fire and natural disasters. But what if someone steals my computers or TV? Am I covered for theft, too?


Megan Toole-Hall, a Farmers Insurance® agent in Carrollton, Texas, has this to say about coverage for theft.

A: Your renters policy helps cover the contents of your apartment for a number of perils — including theft. If someone walks off with your laptop or sound system, your policy can help cover the cost to go out and buy a new one.

Some of your more valuable possessions may need special coverage on your policy. We call these “scheduled” items because they’re listed individually, insured for a specific amount, and insured for more perils than in the base policy. Items that can be scheduled include, for example, jewelry, collectibles, fine art and firearms. Be sure to tell your agent about any valuables you want covered.

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