As a college student, we know there’s a lot on your mind as the school year approaches. From meeting new friends and gaining independence to writing research papers and eating (sometimes questionable) food in the dining hall, the last thing you want to worry about is insurance.
We’re here to help you understand how renters insurance works when you go off to college, so you can focus on the exciting parts of this stage of life.
Let’s start by answering one fundamental question.
Do you need renters insurance when you move away to college?
The answer is yes! Whether you live in an on-campus dorm or an apartment or house off campus, you need a renters insurance policy so your belongings are covered in case they are damaged or stolen.
Although burglaries, pipe bursts, smoke damage and vandalism are unexpected, they can happen and before they do, it’s important for you to know that your personal possessions are covered.
Let’s take your laptop for example; its value goes beyond the price tag. Your laptop stores important assignments and papers that you’ve worked on for hours. No matter where you are on campus – your dorm, the library, the dining hall – if your laptop is damaged or stolen by a covered peril, it would likely be covered by your renters policy. While it won’t re-write your six-page paper on the Neolithic age, a renters insurance policy could lessen the emotional distress you might feel in the event of a damaged or stolen laptop.
Continue reading at Auto-Owners Insurance here.