Is My Bike Covered By Renters Insurance? 
Your bicycle is normally classified as personal property and covered under your renters policy . This would be particularly true if it is stolen from inside your residence . However , 10 % of the limit of your policy extends to your personal property when it is not in your residence , for example in a bike rack in front of Starbucks . The settlement for such a loss is , however , subject to a deductible . If your bicycle is very expensive this could be a valuable coverage , if it is like mine , you might not recover very much . 