Renters Insurance & Phone Damage

Updated: Feb 14, 2024 11:31 AM
renters insurance phone damage guide

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Renters may be wondering if they can forego purchasing a top tier cell phone insurance plan, particularly if they already have renters insurance. Renters insurance will cover your cell phone under certain circumstances, like being stolen from your home or damaged by a natural disaster.

Key Takeaways_

  • Most renters and homeowners insurance plans will cover smartphones in certain instances.
  • Many of these plans will replace a phone if it is stolen from the home or even from a hotel room while traveling.
  • Renters and homeowners insurance plans also offer coverage in the event of a natural disaster.

Does Renters Insurance Cover Cell Phones?

Renters insurance plans will offer coverage to your smartphone under certain and extremely specific circumstances. The same can be true if you are wondering if homeowners insurance covers cell phones.

insider tip

If your smartphone is stolen from your home, it will likely be covered by a renters or homeowners insurance plan.

When Will Renters Insurance Plans Cover a Smartphone?

There are a number of instances in which a renters insurance plan will offer coverage to a smartphone. It can be useful to know exactly what one of these plans will cover when it comes to a smartphone and a related gadget.

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Additionally, you should know if your phone insurance covers water damage.

However, if you received a new phone from your claim, it would be smart to save your phone’s International Mobile Equipment Identity (IMEI number. If you don’t know where that is, you can check our guide on how to find the IMEI on a phone.

Stolen Property

If your smartphone is stolen from your home, it will likely be covered by a renters insurance plan. These plans can even extend to travel, as many insurance plans offer coverage for theft that occurs while you are not at home.

For instance, if your hotel room was broken into and your phone was stolen, a renters insurance plan could actually cover that scenario.

Be sure to read the fine print of your specific plan, as not all insurance carriers will offer coverage during travel. Most plans, for instance, will cover stolen phones but not lost phones.

insider tip

Renters and homeowners insurance plans typically offer extended coverage in the event of a major natural disaster, such as a hurricane.

Major Disasters

Renters insurance plans will typically offer coverage for a natural disaster, such as a tornado, fire or hurricane.

natural disaster such as a tornado, fire or hurricane.

In other words, if hurricane-force winds blow your window out and your smartphone is damaged in the process, the insurance plan should pay for the repairs or a replacement.

It is of paramount importance to be aware of which types of disasters your insurance plan covers, as many will not offer coverage for floods and some other common types of mass tragedies.

warning

Be sure to read the fine print of your specific plan, as not all insurance carriers will offer coverage during travel.

Overall Damage

Some renter’s insurance plans may offer a smartphone-specific rider that allows for coverage in the event of damage and malfunction, such as cracked screens. If your plan has one such clause, that would nearly negate any possible need for a dedicated smartphone insurance plan.

However, if it does not have such a plan, opting for a dedicated plan such as Verizon cover is a good option. Still, you have to know if Verizon insurance covers the cracked screen or any other damage.

The number and amount of benefits offered will vary from plan to plan, and it is important to make a distinction for smartphones primarily used for business tasks.

Renter’s insurance plans will not typically allow coverage for items primarily used for business.

Renters Insurance & Phone Damage Questions (FAQ)

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