Would your renters insurance cover prescription drugs that were lost in a fire? What if they were lost because a fire set off the sprinklers in the whole building, even though your unit was unaffected by the fire otherwise?
While your health insurer is primary on this, your McKinney, TX renters insurance would likely cover that loss. So long as the loss was caused by something covered under the policy, prescription drugs are considered to be personal property. We touched on medical marijuana in another article, but as far as FDA-approved medicine prescribed by a provider and dispensed by a pharmacist, you’d likely have coverage.
Your first stop, if it’s a theft, should be the police, of course, to get the theft on record. They may not be able to do much about it, but they can write a report which will help with your claim. You’ll want to establish the last time you filled the prescription, as they should indicate approximately how many were left and suffered the loss. With this information, add them to your claim. You’ll probably be paying cash price, not the copay you’re used to.
Your McKinney, TX Renters Insurance can help with this. Since there’s a deductible, you wouldn’t generally make a claim if stolen drugs were your only claim, but you could. What sort of situation would make it worthwhile to claim stolen drugs and nothing else? The price of the prescription. If the prescription costs $2,000 a month but your health coverage usually pays that, it would make sense for you to go ahead and make a claim on that loss because otherwise you’re out the entire $2,000.
If it’s a controlled substance, a claim may have another advantage if your medications are legitimately stolen. If you approach your doctor and your pharmacist with a police report in hand and with your renters insurance company willing to pay for the loss, you’re less likely to have trouble getting that new prescription in many situations.
McKinney, TX renters insurance can pay for a wide variety of losses that you might not have considered. Even if you’re away from home and you have prescriptions stolen, you can still make that claim. While you might have trouble being out of state trying to refill certain medications, that’s beyond the scope of this article. Ultimately, your policy can cover those.
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