Will renters insurance cover theft outside the home?

Renters insurance generally covers theft outside your home and while you are traveling. Whether your bike is stolen from your workplace or your luggage gets stolen on vacation, it’s likely covered by insurance.

Renters insurance generally covers personal items stolen from your car, such as cell phones, clothes and store purchases. However, a stolen car stereo would be covered by an auto insurance policy. If a thief causes damage to the car or steals the car itself, that would also be an auto insurance claim.