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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Answer
“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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Jackie Whalen
Answered on Apr 13, 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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