Originally Posted by
illdthedj
this might be worth discussing....
anyone else have RENTER'S INSURANCE?
i believe mine covers theft even outside the home, say someone stole stuff from my car, or if my bike is stolen (im not sure if it being locked is a stipulation or not....i lock it anyway obviously) state farm...
I've got state farm renters insurance too and I was wondering about that. Since I always keep my bikes in my apartment when they are here, then they should be counted as a belonging thats covered when it leaves, just like my music gear and other things. I'm pretty sure I have a $500 deductible and what nycphotography is saying is right. It does come into a question on if its worth it to file (granted if your bike is way over the $500 then its obviously leaning yes).
But to comment on
Now what if instead of stealing the bike, they just stomp on your Ksyriums. $400 cost to rebuild. How covered are you for that?
I'm pretty sure my policy covers damages as well as theft. For instance something broken but not stolen if my apartment had been broken into, it'd be covered. So I'd assume the policy should transfer just as the theft policy does. I'm not positive at all, but its something I'd look into if I found myself in that situation.
Makes sense? sorta?