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 provided by
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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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