If your Ring device is stolen, you may be wondering if your insurance will cover the cost of the device. The answer to this question depends on your specific insurance policy. However, most homeowners insurance policies will not cover the cost of a stolen Ring device. This is because most homeowners insurance policies have a deductible that is higher than the cost of the device. In addition, most policies exclude coverage for devices that are used for business purposes. If you have a Ring Protect Plus plan, you may be eligible for a free replacement device if your device is stolen and you provide a police report.