Does Renters Insurance Cover Lost Jewelry? 
Renters insurance is designed to cover sudden and accidental losses for named perils . Named perils usually include Fire , Theft , Lightning , Water -LRB- not Flood -RRB- and other acts of God . Unfortunately , losing an item is not a named peril . You would have coverage for jewelry if one of the named perils occurred but even then most policies have a limit for jewelry so check with your agent . A much better solution for jewelry is an Inland Marine or Jewelry policy . These are separate policieswith `` all risk '' coverageso anything that happens to the item it 's covered , even if you lose it . 