As some phone models breach four-figure price points, properly
Is My Phone Covered by My Renters Insurance?
You Lose Your Phone: Likely Not Covered
If you simply lose your phone, your
Unless you have a protection plan from your phone manufacturer or service provider, be prepared to pay out-of-pocket for a new device. Don’t expect your
You Damage Your Phone: Likely Not Covered
Similarly, your phone probably isn’t covered against damage you cause. For example, don’t expect your
If you or a family member is the source of your phone’s damage, you might have coverage through a protection plan from the manufacturer or service provider. The incident likely won’t be covered by your insurer, though.
A Physical Peril Damages Your Phone: Maybe Covered
If the damage isn’t caused by you but by a physical peril, then your
How your policy treats the claim will depend on whether the peril that covered the damage is covered under the policy’s terms and conditions. Most renters policies cover fire, smoke, ice, volcanic eruptions (not frequently an issue in Massachusetts) and a range of other physical risks. Your policy’s documentation will delineate exactly what your policy does and doesn’t cover.
Your Phone is Stolen While in Your Apartment: Probably Covered
Should your phone be stolen out of your apartment, the loss will probably be covered under the personal property coverage in your
There are some exceptions that might impact coverage (e.g. if your roommate steals the device), and personal property coverages can vary from policy to policy. Nonetheless, the claim will likely be covered. How well it’s covered will depend on how good your policy’s personal property coverage is.
Your Phone is Stolen from Somewhere Else: Maybe Covered
Should your phone be stolen while it’s somewhere other than in your apartment, whether the claim is covered will in part be determined by the type of personal property coverage you have. Some policies have coverage that only protects belongings while they’re in the policyholder’s residence, while other policies have coverage that protects belongings most places in the world. The latter
(Worldwide coverage frequently still excludes a few places, such as war zones.)
Ask a Massachusetts Agent About Your Renters Insurance Policy
The above is broadly true, but every