With the school year for high school seniors slowly but surely approaching, it might be beneficial for them to start thinking about their college living situation for next year. After all, once the summer hits, thinking about school will be the last piece of business on their minds. Most universities require their first-year students to experience campus life by shacking in their cozy dorms. Many students and parents fail to realize, however, that just like with any other residence, dorms can become victims of fire, theft and other types of damages. But for as low as $10 per month, students can ensure their valuables are covered should anything happen. And we all know college is nothing but trouble.
Dorms, regardless of whether or not they are associated with a university, fall under the same category as apartments, condominiums and other temporary living quarters. If you’re interested in obtaining an adequate amount of renters insurance for your child’s valuables in college, start by comparing renters insurance quotes online. In most cases, an adequate policy will consist of coverage for the following: laptops, televisions, video game consoles, iPods, cell phones, clothing, jewelry and musical instruments. With the amount of people that will be going in and out of your child’s dorm, the percentage of something being broken or stolen increases drastically on a college campus.
If you’re interested in obtaining a renters insurance policy but don’t know what kind of coverage to include, review the university’s master policy first. A renters insurance policy for a dorm oftentimes doesn’t need to be as comprehensive as one for an apartment or condominium does, so be sure to speak with a renters insurance agent to avoid overspending.
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