Does Renters Insurance Cover Car Theft?


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ByMark Fitzpatrick
ByMark Fitzpatrick

Updated: May 22, 2024

Advertising & Editorial Disclosure

Renters insurance covers various events and losses — but car theft is not one of them. Instead, renters insurance pays for the loss of items stolen from inside your vehicle, which fall under personal property coverage.

Generally, personal property coverage, or contents coverage, pays for the repair or replacement of any items affected by a covered event. These items can include furniture, appliances, gadgets and more. However, some high-value items, such as art or jewelry, may require additional scheduled personal property coverage.

The personal property coverage under a renters insurance policy will pay to replace items stolen from your car, but not the stolen vehicle itself. Instead, you need a comprehensive auto insurance policy to help pay for a stolen car.

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When Does Renters Insurance Cover Car Theft?

Items stolen from your car are covered under your personal property coverage, which is part of every standard renters insurance policy. However, if the car itself is stolen, it is not covered by your renters insurance.

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Generally, damages and losses related to your vehicle are covered by auto insurance, not renters insurance. For instance, if your car window is broken due to theft, your auto insurance pays for the damage.

However, auto insurance will not help you recover any personal items that were stolen from your vehicle, which is where the personal property coverage from your renters insurance kicks in. Having both policies can help ensure you’re covered from all or most events.

When Doesn’t Renters Insurance Cover Car Theft?

Renters insurance will not cover your car if it is stolen or damaged. These incidents are covered by your auto insurance policy, which should include comprehensive coverage that pays for any damages outside of an accident.

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How to Protect Yourself From Car Theft

While insurance stands as protection, you can take several measures to avoid theft of items from your car or theft of the car itself. Here are some measures you can take to help keep your car safe from thieves.

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Where to Buy Renters Insurance

You can purchase renters insurance through many major insurance companies, such as GEICO or Allstate, or smaller ones, such as Lemonade or Toggle.

On average, renters insurance costs around $13 per month, but your actual premium will depend on your limits and how much your valuables cost. It’s important to compare renters insurance providers to find the best rate for your needs.

If you have particular limits in mind, use our calculator below to estimate your costs.

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About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.