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?


Answer provided by
Jackie Whalen
Answered on Apr 14, 2021
“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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