# Does Renters Insurance Cover Theft? | Who Pays the Repair?

> Yes. Standard renters insurance covers theft, but jewelry and other expensive items are typically limited to about $1,500.

**Who pays:** insurer

Standard renters insurance covers theft of your belongings, but high-value items like jewelry are capped unless you add a floater.

**Boundary:** Theft of personal belongings is one of the named perils a standard renters policy covers, though high-value items like jewelry are capped at built-in sublimits (typically around $1,500) unless a floater/endorsement is added.

**Exceptions:** High-value items like jewelry are capped at sublimits (typically around $1,500) unless a floater/endorsement is purchased.

## Sources
- [Renters insurance](https://www.iii.org/article/renters-insurance) — "up to $1,500 for jewelry or other expensive items that are destroyed or lost to fire, windstorms, theft or other perils that are listed in your policy." (accessed 2026-09-27)
- [Renters insurance](https://www.iii.org/article/renters-insurance) — "If you are the victim of a theft or your home has been vandalized or burglarized, report it to the police. Get a police report and the names of all law enforcement officers that you speak with." (accessed 2026-09-27)

_Last verified 2026-09-27. Source: Who Pays the Repair? — https://whopaystherepair.com/rules/does-renters-insurance-cover-theft/ — every claim checked against a primary source before publication (see /methodology/)._