Does standard renters insurance cover items in a storage unit?

"I have several tools worth over $3,000 that I keep in a storage unit. Will my renters insurance cover these tools if they're stolen or damaged?

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Answer
“Yes, your renters policy will cover your tools in the storage unit up to a certain percentage, usually 10%. Some renters policies will cover up to 100% of the items you have in storage, so you should check with your insurance agent or company to see if there are any limitations on your policy. “
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Jackie Whalen
Answered on Apr 14, 2021
Jackie Whalen has been in the insurance industry for over 7 years, working in sales, service and claims. She has won numerous awards as a top salesperson and customer service agent. She currently lives in New York with her husband. Her 24 year old son recently moved out on his own which has given her more time to travel, write and train her dog Maisy not to chase her cat, Whiskey.
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