Renters insurance will cover your appliances up to your policy’s limit if they are destroyed, stolen, or damaged by a covered peril
If you damage someone else’s appliance, your personal liability coverage may pay for you to fix or replace it
You can add equipment breakdown coverage as an endorsement to your renters policy to protect your appliances from typically non-covered perils, like power surge damage
Renters insurance reimburses you if your personal property is stolen or damaged by a covered peril.
Your appliances are considered part of your personal property, so if your appliances are stolen or damaged by covered hazards then your insurance company will reimburse you for the loss.
However, renters insurance will only cover your personal belongings — so if your roommate isn’t on the policy or they don’t have renters insurance of their own, they won’t be covered if their personal appliances are damaged or stolen from the rental property. Certain appliances in your rental property owned by the landlord — like the stove, microwave, or dishwasher — are covered by the landlord’s insurance policy.
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Renters insurance covers different electrical and home appliances owned by the renter, including:
Essentially, renters insurance will cover most personal household appliances up to your policy’s limit. If you have expensive appliances, like fancy TV’s, you should consider adding an endorsement) to your policy to extend coverage for those items.
Your appliances are covered from the same perils as the rest of your personal property. So for example, if there is a building fire and your espresso machine is ruined, your renters insurance will reimburse you for the loss up to your policy’s personal property coverage limit.
Some commonly covered perils include:
Renters insurance typically doesn’t cover home appliances if they were damaged in a power surge, However, if the power surge is caused by a covered peril, then renters insurance may cover the damage. For example, if a lightning strike causes a power surge to fry your TV, then your renters policy may cover the loss.
Check the personal property coverage section of your policy to see which perils are included or excluded.
Renters insurance will not cover appliances in the following instances:
If an appliance is stolen from your rental property, you should file a police report.
You should then contact your insurance company. Most renters insurance companies require you to file a claim within 24 to 72 hours of the incident. Make sure you have the following on-hand when filing a claim:
After you file your claim, your insurer will assign you a claims adjuster who will investigate your claim to determine if it’s covered by your insurance policy. Depending on the extent of the claim, it could take weeks to complete. Be sure to check with your insurance company to get a timeline of the claims process. If your claim is accepted, you’ll need to first pay your deductible before your insurance company reimburses you for the remainder of the loss.
Equipment breakdown coverage is a renters insurance endorsement that covers home appliances from hazards that aren’t typically covered, like electrical or mechanical failure. Equipment breakdown coverage will protect everything from your TV’s to your dishwasher if they are damaged or broken due to the following incidents:
If your renters insurance company offers equipment breakdown coverage, it can typically be added to your policy for a small additional premium.
About the author
Kara McGinley is an Insurance Editor at Policygenius. She previously worked as a freelance writer and a copywriter for various startups. Her work can be found in Teen Vogue, The Culture Crush, Mask Magazine, and more.
Policygenius’ editorial content is not written by an insurance agent. It’s intended for informational purposes and should not be considered legal or financial advice. Consult a professional to learn what financial products are right for you.
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