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Does renters insurance cover cash?

I purchased a new renters insurance policy when moving into my current apartment. I can’t remember all my policy details anymore. I work as a waitress and often have a lot of cash tips in my apartment, but does my renters insurance cover cash?

avatar
Jack Walsh · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Keeping track of all your
renters insurance
coverages can be difficult, but yes, renters insurance does cover cash.
However, cash is only covered up to your policy limit and from the
16 perils
listed in your policy details.
In some instances, your insurance may have a special limit of liability for money. If so, you may only have coverage for $200 on money, banknotes, or coins. If you want to know precisely how much is covered, you should contact your insurance company or review your policy’s terms and conditions.
Finally, if you want to find a policy that offers all the coverages you need, you should use
Jerry
. A licensed broker that offers end-to-end support, the Jerry app gathers affordable quotes, helps you switch plans, and will even help you cancel your old policy. And if you ever have any questions, friendly agents are just a text away.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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