What People Are Saying
Thanks for making it easy to find the cheapest renters insurance. Knowing our stuff is always protected gives me peace of mind.
Matt and Bethany, Charleston SC
STUDENT RENTERS INSURANCE
Student renters insurance provides college scholars with a way to protect their most prized personal possessions. If you are a student living off campus in a loft, apartment, or condo, then student renters insurance can keep your things safe when you're away from home.
It's not easy living on a fixed income as many a student does. However, for the cost it would take to buy a large pizza, two rental DVDs, and some beer, you can afford a monthly premium for student renters insurance that will help you manage your finances even in an emergency.
Excellent Reasons to Get Renters Insurance
You may wonder why you should get student renters insurance. There are a number of outstanding reasons to do so. Consider an example. Let's say you decide to go with your sorority to the beach for a weekend and you leave home Friday afternoon to have a good time. When you come back Sunday night to your townhouse, you find that you've been robbed. Your computer, jewelry, and most of your clothes are gone. If you have student renters insurance, your possessions are covered. All you do is pick up the phone and talk to your agent, file a claim, and presto, shortly thereafter, you have a check to replace these items with. If you don't have coverage, you are stuck in a bind. Be a smart student and get a renters insurance policy today to cover your belongings in your house or condominium. You can save your family a lot of worry by protecting yourself.
Other dangerous events student renters insurance helps you to prepare against include: wind damage; hail damage; lightning damage; electrical surge; water main break; falling objects; and, fire. If you have coverage, when things like this happen, you are able to take care of your losses. Even if you don't have that much stuff in your home, renters insurance can give you a feeling of stability you wouldn't have otherwise.
Items to consider protecting include: clothes; iPods; laptops; furnishings; art objects; antiques; and, appliances. Even if you are away from home when something happens to your iPod or laptop, your student renters insurance covers these items and will help you replace them.
Technical Considerations Regarding Student Renters Insurance
You want to keep your premium low, so consider a few technical matters of importance. To get the best rate, you should consider installing various safety features in your place. For example, you could put in a monitored burglar alarm and a sprinkler system. This will lower your rate considerably.
Another key to lower rates is insuring your automobile with the same insurer. By insuring multiple properties, your rate on your renters insurance will be lower. Keeping costs under control is important, so think about this advice carefully. Even if you are an atypical student, like a young father after a divorce or a senior citizen taking community college classes during retirement, you can benefit from renters insurance.
Also, think about the type of policy you get because this makes a difference in premiums. If you buy an actual cash value (ACV) policy, you pay lower premiums. The insurer pays you the actual cash value of the items lost or damaged by deducting depreciation at the time a loss is claimed. Alternately, you pay a higher premium on a replacement cost value (RCV) policy. But, at the time of loss, you get a full reimbursement equaling the amount of the actual cash value of the items with no depreciation. Make sure you get the right renters insurance policy for your budget when you consider which type of policy to buy.
As a student, you often have friends over and maybe you get a little rowdy. What if one friend fell down the stairs in your place and sued you for damages? Your student friend is hurt badly, and you're left holding the bags on the medical bills. If you include personal liability coverage in the policy, you're covered against this type of problem.
Student renters insurance won't pass your toughest class for you or offer you a free trip to Paris after you graduate, but what it will do is save you from senseless worry and financial upheaval if a crisis happens. What it will do is let you go about the business of getting an education without forcing you to think about things that should wait until school is over. By purchasing coverage, you are showing the necessary responsibility to take care of your own life at a time when everyone is expecting you to prove yourself. This is an important step in self-preservation. Buy it today. The process is easy. Just call or click on one of the providers offering coverage in your area. You can get answers and coverage quickly at an affordable rate.