Back to top
Renters Insurance Made Simple at Allstate.
Smart Search Smart Search
  Try Smart Search An intelligent search tool to help you find the info you're looking for. Try it now
Smart Search
< Start Over Welcome to Smart Search Quickly locate tools, tips, resources, insurance information and more. Smart Search For example: car insurance tips or common claims Popular Searches


Will my policy pay to replace my belongings?

The value of most of your belongings decreases over time. With Allstate® Renters Insurance, you are able to choose one of the personal property coverages below.

  • Actual Cash Value

    typically means your belongings are covered for their replacement cost minus depreciation. Depreciation is the decrease in an item's value due to its age, condition or other factors.

  • Reimbursement Provision

    typically means your belongings are covered for the amount it would take to replace them at the time of the claim. Premiums are usually higher for this coverage.

    Here's how the Reimbursement Provision works:

    • First, we pay you for the Actual Cash Value of the item
    • When you replace the item, we issue a separate check for the remaining amount needed to make the purchase

How to review what you've selected.

If you have Allstate Renters Insurance, you can review which type of coverage you have purchased by looking at your Policy Declarations under Personal Property. With either coverage, a deductible will apply.

Questions? Want to make changes to your coverage? Call your local Allstate Agent or 1-800-ALLSTATE.

ECC Monitor: OK