Does Renters Insurance Cover Theft?

As a renter, one of the worst experiences you can go through is having your personal property stolen. Not only can it be emotionally taxing, but it can also be financially devastating. That is why it is essential to have the right renters’ insurance coverage to protect your valuables in case of theft.

Overview of Renters Insurance Coverage

First, let’s go over renters insurance and what it covers. Renters insurance is a type of insurance that provides coverage to renters for personal property damage or liability. Personal property damage can include things like theft, vandalism, and fire. Liability coverage can protect renters against lawsuits from people who may get injured in their rental unit.

Does Renters Insurance Cover Theft?

Yes! Renters insurance covers theft in Katy TX, like in any other state. If your personal property is stolen, your renters insurance policy can provide coverage up to your policy limit for the stolen items.

What Does Renters Insurance Cover in Case of Theft?

It’s important to note that not all types of personal property are covered in case of theft. Items such as jewelry, expensive electronics, and collectibles may require additional coverage called endorsements or floaters. These other coverages can protect your more expensive items beyond the primary policy limit.

How to Make a Renters Insurance Claim for Theft

If you experience theft at your rental property, the first thing you should do is contact the local authorities. After filing a report, you should contact your renters’ insurance agent at All Around Insurance Agency in Katy, TX and report the theft. Your agent will guide you through the claims process and help you get the coverage you’re entitled to.

Reach Out To Us

Don’t leave yourself vulnerable to the financial burden of theft. Protect your Katy, TX personal property with All Around Insurance Agency renters’ insurance.