Agent / Owner, Farmers Insurance - Reid Coy Agency
1 month ago
Your home policy, either renters or homeowners, would cover it. You would have to consider your deductible, though. If that was the only thing stolen I'd advise against a claim. Lets say you have a $250 deductible & the replacement cost on the Ipad is $350. You'd get a $100 check from your insurance company (presuming you have a replacement cost policy). You'd potentially see a rate increase on your next renewal that may go on for 3 years. Additionally - if you're in the habit of filing small claims some insurance companies will drop you. Some insurance companies won't take you if you have multiple claims. So be smart & save your claims for catastrophic loss and hide your electronics from theives.