claiming renters insurance

[Matt Batson]

Has anyone had so much damage done to their rental property by a tenant that they decided to put in a claim with the insurance company?
We have only one single family home that we carry "renters" insurance on. From what I understand, we are covered for, what the insurance agent calls "vandalism and criminal mischief" from a tenant, with a 1000 dollar deductible.

However, if the tenant steals anything, like the fridge or a/c, we have no recourse on the part of insurance coverage.

Is it recommended to use the insurance or to just pay out of pocket?
What dollar figure or type of damage makes you decide to put in for an insurance claim?