Does renters insurance cover all my personal belongings?

If I file a claim, will my policy be canceled?

Is my bike or car covered by renters insurance?

Is my property, such as a laptop computer, covered when I'm away from home?

Can I purchase a renters policy with my roommate or domestic partner?

What happens if something I've rented or borrowed is stolen?




Does Renters Insurance Cover all my Personal Belongings?
It depends. Some items, like jewelry and computers, often have a per-category theft limit (for example, some policies have a $5,000-$10,000 limit for computers). For these, you may want to buy a "floater," which provides higher limits and broader coverage than those included in your basic policy. 

If I file a claim, will my policy be canceled?
If you didn't cause the loss or damage, your insurance shouldn't be affected. If you were at fault -- if you caused a fire by smoking in bed, for example -- the insurance company might decide not to renew your policy. Your insurer might also do the same thing if you file several claims within a short time, regardless of fault.

Is my bike or car covered by renters insurance?
Your bike is covered, but vehicles aren't. You need to get a separate auto insurance policy to protect your car, van or motorcycle.

Is my property, such as a laptop computer, covered when I'm away from home?
Yes, but coverage may be limited and the conditions may vary. You should ask your insurance agent for details.}

Can I purchase a renters policy with my roommate or domestic partner?
Regulations differ from state to state, and policies also differ from company to company. Find out what regulations apply in your state and then shop around to find an insurance company that suits your needs. Some insurance companies allow unmarried couples who have been living together to obtain joint coverage, rather than two separate policies. But a domestic partner is usually not automatically insured like a husband or wife under the partner's policy. He or she must be specifically named.









What happens if something I've rented or borrowed is stolen?
Basically, you just need a standard homeowners policy. You should make sure to tell your insurance agent that the house is currently under construction though. Typically a builders risk endorsement is added to the policy, which provides some additional coverage while your home is being built.