Does Renters Insurance Cover A Stolen Laptop?
21750 POINTSview profileJim WinklerCEO/Owner, Winkler Financial Group, Houston, TexasGreat question! The answer depends upon a couple of things - your policies coverage, and where the laptop was when it was stolen. If it was taken from your apartment, then it generally will be. If it was in your car, parked in the apartment parking lot, there's a good chance that you can get it replaced. If it was stolen at school, or you left it on a bus somewhere, that might be a whole lot harder to get back. I'd advise you to contact your agent and tell them the story, and see what exactly your policy covers. Good luck! Thanks for asking!Answered on April 23, 2014flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaA renter’s policy provides limited coverage for electronic equipment, programs and recording media. That limit is reduced if the equipment is being used by a student who is living away from the primary residence. Please understand that your computer may have unique programs or data which will not be covered because it cannot be replaced (photos are an example.) If your computer is normally in the insured residence but was away from the premises when the theft occurred the amount of coverage is reduced. The adjusted claim will reimburse to the electronic equipment limit the amount that exceeds the deductible on the policy.Answered on April 23, 2014flag this answer
14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482Talk to your Insurance Professional about the terms and conditions of your particular policy, but yes, under most circumstances, there would be coverage for this type of loss. It is more than likely that you would have to file a stolen property report with the local Police and obtain a copy of that report to submit to your insurance company. Understand that your policy may have specific "inside limits" for computers which might cap the settlement amount. Also keep in mind that any such loss settlement would be subject to your policy's property deductible.Answered on April 23, 2014flag this answer
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