Does Renters Insurance Cover Theft Of A Bike? 
A bicycle is personal property . Renters insurance covers personal property . The limits of the policy are stated on the declarations . Inside the policy there is a paragraph that describes the reduction in limits for personal property that is not on the premises at the time of loss . Even with this reduction most renters policies provide enough coverage to cover the loss of a bicycle . The adjustment , however , will include a reduction for the deductible . Check the deductible on your policy . If the deductible is greater than the value of your bicycle you will probably be unable to recover the cost of the bicycle . 