Preheader
Postheader
 
Business Quote Homeowners Quote Automobile Quote Life & Health Quote

College students bring valuable items with them to school. They are, in a way, renting a space to live in. For those living off campus, having renters insurance is important. It can provide essential protections to you. image of house with for rent sign in front

Accidents can occur anywhere. For college students, there is an increased risk of damage related to thefts. And, an ongoing risk is present for liability-related incidents. Renters insurance can help.

Who Should Have Renters Insurance?

This type of insurance applies to most people renting a space in which to live. In college dorms, your parent’s homeowners insurance may offer protection. This does not always extend to off-campus living, however. If you live in a rented space off campus, you need to have your own renters insurance.

What Does Renters Insurance Do for College Students?

It provides two types of overage:

·         Property protection – Helps protect your personally-owned assets such as your electronics, furniture, clothing, and other personal items.

·         Liability protection – If someone suffers an injury while inside your rented space, it helps minimize your financial obligations.

Policies range in value. If you plan to keep high-valued items at your apartment, consider a special policy to protect those items. Also, note policies cover just your own belongings. They do not cover the structural components of the location itself. That falls under the landlord's property coverage, most likely.

What Types of Damage Incidents Does It Cover?

Policies differ. Most will cover damage to assets from fires, storm events or vandalism. They also provide coverage for theft. The liability component of your policy covers any incident in which you may be negligent. This includes your pet biting a visitor. It may include someone suffering an injury at your location.

Doesn’t the Landlord Protect You?

It is a misconception that the property owner’s insurance will help you. It only protects the owner’s responsibility and possessions. For example, in a fire, the owner’s policy covers the building. It generally does not cover your items destroyed in the fire. This leaves you vulnerable to loss if you don't have renters coverage.

Invest in renters insurance as a college student. When you do, you reduce the risks to yourself when an incident occurs. If you lose your laptop or a small fire breaks out in the kitchen, you have a policy available to help you. Be sure to read through it. Know what it provides coverage for. Learn any limitations the insurance policy has as well. And, be sure to choose a policy with enough courage for what you own.

Also Read: Tips for First Time Renters in Texas

Posted 9:30 AM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Quick Links Our Latest Blog Featured Service
Make a Payment
Employee Directory
Our Reviews
Mechanical Inspection
Featured Service
Need help assessing your vehicle's repairs? Let us evaluate it for you.
read more... learn more...
Home|Locations|Get a Quote|Employees|Make a Payment|File a Claim|Testimonials|About|Contact
dotted divider
Mid-Cities Location
7716 Glenview Dr.
Richland Hills, TX 76180
Phone: (817) 589-0006
Fort Worth Location
5840 Jacksboro Hwy
Fort Worth, TX 76114
Phone: (817) 626-3339
Mansfield/Arlington Location
1209 N Highway 157
Mansfield, TX 76063
Phone: (817) 453-5524
Serving the Dallas-Fort Worth area in Texas.
© Copyright 2017. All rights reserved. Powered by Insurance Website Builder
Social Networking Review us on Google Blog RSS Feed Follow on Twitter Connect on LinkedIn Like us on Facebook