Will my renters insurance cover a bicycle stolen away from home?

"I parked my bicycle outside a bakery and secured it with a lock. When I returned just 20 minutes later, the bike was gone. Will my renters insurance cover my bike, even though it was stolen far away from my apartment?

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Apr 13, 2021
Answer provided by
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Jackie Whalen
Answered at Apr 13, 2021
“Yes, renters insurance will cover your bicycle. Renters insurance covers your personal property both at home and away from home. This is why renters insurance is such an important coverage for all tenants to have, and the good news is that it’s very affordable. The average renters insurance cost is about $15 per month. “
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