When heading off to college, most students leave with most of their possessions – including computers and expensive cell phones. Are they covered if their dorm room if robbed? Or off campus? Of course, these are things you don’t want to think about, but protecting your college student’s possessions at school is possible.
It could amount to thousands of dollars, if any of their prized possessions – stereo, smartphone, laptop, or mountain bike – are stolen. With the costs of their education, replacement will be difficult for many and impossible for some.
Protecting Your Palmetto College Student’s Possessions at School
Fortunately, there’s an answer. It’s hard to believe, but your homeowner’s insurance may cover what your college student takes with him. Only one catch: They must be living in a dorm or on campus. If they have their own apartment or rental house, their possessions might not be covered.
If this is the case, you can opt for renter’s insurance. It’s an affordable way to insure their possessions when your insurance won’t cover it, and many renter’s insurance policies cost between $15 – $20 a month. Small price for your peace of mind.
Just a few more thoughts…
1. Your student isn’t covered by their roommate’s policy.
2. Renter’s insurance can include liability coverage.
3. Keeping good and detailed records (with photos and serial numbers) is crucial. If you need it file a claim, it provides evidence of ownership.
Protecting your Palmetto college student’s possessions at school is possible with a little forethought. Ask your insurance agent about the specifics. Discuss you and your student’s needs and what your policy covers. Though it’s the last thing you want to think about, you want to make sure your child’s possessions are protected when they’re away at college.
Looking for a good insurance agent? I can recommend some in the area that I trust. Contact me and I’ll be happy to give you their contact info.