Many college students have spent their entire lives covered by their parents’ rental insurance. In some cases, a parent’s homeowner or rental insurance may provide coverage while the child is away at college. However, the extent of coverage may be limited. Ultimately, college students should have rental insurance. If you live in or near Foley, AL, come speak with the insurance agents at Southern Risk Associates to learn more.
Ensure Complete Protection
A landlord’s property insurance may provide some coverage. However, what’s covered may not be as much as renters expect. Personal property may not be covered at all, for example. If someone breaks into a student’s apartment and steals their personal property, it’s quite possible that the landlord’s insurance won’t provide any assistance.
Sadly, thieves often target college students. Security around college apartments may be more lax than in buildings with older tenants, and college students may also forget to lock their doors.
College students are often tight on cash. Replacing a laptop that could cost several hundred dollars may prove difficult, if not impossible, for many students. Completing schoolwork and studying for exams suddenly becomes much more challenging without a laptop.
Meanwhile, natural disasters can strike pretty much anyone, anywhere. While a landlord’s insurance may cover storm damage to the building, it may not cover the renter’s personal items.
Renter’s insurance can provide protection against theft, fires, weather damage, and more. That said, what’s covered by a specific policy will vary, so make sure you study the policy closely to determine what is and is not covered. Should you live near Foley, AL, come work with the insurance experts at Southern Risk Associates to learn more.
