Renters insurance for college students can be invaluable in the event of theft, fire, or any other unanticipated disaster. A policy can cover items such as laptops, jewelry, televisions, gaming consoles, speakers, and even furniture or clothing. In some cases, if you are living in a private, off-campus home, the landlord may require you to have renter’s insurance. Keep in mind that just because the owner of the home has insurance, it does not mean that your belongings are covered.
We strongly recommend that any parents sending their son or daughter off to college this year should consider purchasing renters’ insurance. A renter’s possessions are not covered under a landlord’s insurance policy. Nearly every freshman college student is being sent off to school with electronics, which are vital in completing their degree. Making sure these possessions are covered in the event of theft or disaster can save a lot of valuable time, heartache, and money.
There are many factors that can impact the cost of renters’ insurance which include, but are not limited to: location, credit score, whether you have pets, the company you choose, and how many items you are insuring.
There are three areas of protection offered by renters’ insurance: loss or damage to personal property, liability, and medical costs incurred by someone in your home.
If you decide to purchase a policy, talk with one of our insurance agents about what your individual needs are and they can tailor a policy that best fits your particular situation.