Does Renters Insurance Cover Car Damage?

Renters insurance does not cover damage to your car. You need car insurance to protect you against car damage caused by an accident or another covered incident.

Last Updated: 6/22/2022
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Renters insurance doesn’t cover car damage, despite your car being property. Instead, an auto insurance policy with comprehensive and collision coverage takes care of damages to your car.

Comprehensive insurance covers the cost of repairing or replacing your car if it gets damaged due to a non-accident incident, like animal damage, weather-related incidents and vandalism. Meanwhile, collision insurance pays for the repair or replacement of your car if it gets damaged in an at-fault accident.

Keep in mind: while carrying auto insurance is required by law, comprehensive and collision coverage are optional. Adding them to your policy means a higher car insurance premium but protection from car damage that renters insurance does not cover.

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Car damage is not covered by renters insurance. The best way to protect your car from damage is by adding comprehensive and collision coverage to your auto insurance policy.

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Why Doesn’t Renters Insurance Cover Car Damage?

Renters insurance is an excellent option for protecting your personal belongings. However, that doesn’t include your car. If it gets damaged in some way, your renters policy will not cover the cost of its repair or replacement. Your auto insurance does.

Auto insurance is a contract specifically designed to protect you against financial loss in case your car gets damaged in an accident or a covered incident. Essentially, you pay a premium in exchange for protection provided by your car insurance company.

The same applies to car theft. Instead of renters insurance, your auto insurance would reimburse you for the value of your vehicle or its contents if stolen.

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Do You Need Coverage for Car Damage?

If you’re a renter who owns a car, an auto insurance policy with comprehensive and collision coverage can protect it in the event of an accident. Below, MoneyGeek broke down important reasons why getting coverage for car damage is essential.

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    Value of Your Vehicle

    If you’re driving a new or expensive car, it makes sense to carry an auto insurance policy with comprehensive and collision coverage. It pays for the repair or replacement of your car.

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    Heavy Traffic

    Using your car to commute in heavy traffic increases the risk of getting into an accident. Purchasing auto insurance with comprehensive and collision coverage ensures your car is financially protected.

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    Non-Collision-Related Incidents

    Incidents such as fire, vandalism and falling objects can damage your vehicle. When this happens, your full coverage car insurance reimburses you for the cost of repairs or replacement.

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    Car Loan or Lease

    If you’re leasing or financing your car, your lender or auto financing company will most likely require you to carry full coverage car insurance, which includes collision and comprehensive coverage.

Where to Buy Renters Insurance

You can purchase renters insurance from most major insurance providers, such as State Farm and Farmers, as well as smaller companies, like Lemonade and Toggle. Typically, renters pay an average of $13 per month for a policy, but your actual rate varies depending on several factors. That’s why comparing quotes for renters insurance is important.

The amount of your personal property is one factor that affects the cost of your renters insurance premium. You can use MoneyGeek’s personal property calculator below to determine how much coverage you need based on your possessions.

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About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.