Will Renters Insurance Cover Stolen Cash?
- 250 POINTSview profileBill SimsProducer, Kendall & Associates Insurance Agency, Greenville, SCA standard renters policy will offer minimal coverage for stolen cash, if any. You may have zero coverage or as much as $200-$300 depending on the insurance company and policy. It would be surprising if you had more coverage than that without specifically requesting a higher limit via an endorsement to your policy. Read your policy coverage forms under the insured property definitions to see what you have specifically.Answered on January 6, 2014flag this answer
7647 POINTSview profileMark Bartlett CLCSBranch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance CarriersMany renters polices will cover stolen cash but there is a limit on the amount of coverage. Usually the amount is around $200.00. In most cases this would fall under your deductible. If you have a claim where other items were stolen including the cash you lost you may have a claim worth filing. I would contact your agent to discuss the details of your loss and policy limits.Answered on January 6, 2014flag this answer
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