There are less chances for any damage due to latest technology make the waterbed more advance but looking to the fact such as natural calamities many people would prefer to cover the waterbeds by the insurance policy. The coverage will be differing from policy to policy.
Looking to the present condition it is essential for renter to have coverage against all the threats for their personal belongings because landlord policy could not cover all the threats. It only covers the damage of the house. So in such cases Renter policy can help you to give protection against your belongings. The renter policy covers furniture, electronics item like TV, computer, stereo and waterbeds also.
The landlord also provide coverage to the house, however numerous lease accord to the specific state so the waterbed owner get liable for loss of any property due to leakages. You must have to look at your term of policy or talk to the agent or insurance company.
You must have to clarify regarsing coverage of waterbeds at the time of deciding for any policy. Normally leaking of waterbed is only covered incase it is occurs due to various threats like fire occurs.