Does Renters Insurance Cover Stolen Cash?

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   Jim Winkler

   CEO/Owner, Winkler Financial Group, Houston, Texas

   That's a great question! Unfortunately, the answer really isn't. Unless you can prove how much cash was stolen, typically it won't be covered. If you have a serial number or a credit card receipt for a tv, you can prove you had it, and what its value was. With cash, there's typically no way to prove that it made its way from the bank to the robbers pocket, or that you ever had it at all. Insurance companies won't give you money for what you can't prove to them that you had, I'm sorry to say. If there is more you'd like to discuss, please contact me, I'd be happy to help. Thanks for asking!

   Answered on April 14, 2014

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