What Can I Claim On Renters Insurance? 
There are two key words , damage and lawsuit . If you suffer damage and it is the result of a specified peril you can claim the loss of personal property up to the limits of the policy . The adjustment will be the cash value of the property lost minus the deductible . When you actually replace the property , there can be a further adjustment if you have replacement coverage If you are sued for property damage or bodily injury the renters policy will defend and pay judgment up to the limit of the policy -LRB- that is why it is so important to take the highest limit offered ! -RRB- 