Do I need renter’s insurance in college?
Between figuring out who’s bringing the refrigerator and T.V. to picking out towels and bedding, securing renter’s insurance may be the last thing you think about when preparing to move away to college. Whether you plan to live in the dorms or in an off-campus apartment, it’s crucial to safeguard your belongings. Learn when you may need to purchase renter’s insurance and exactly what it covers with help from our Allstate insurance center in Santa Monica!
When Do Santa Monica College Students Need Renter’s Insurance?
Determining whether college students need the protection of renter’s insurance depends on where they live. A student who lives in a dorm or other on-campus housing unit is typically covered under their parents’ homeowners or renters insurance policy. Both renters and homeowners’ insurance policies typically have coverage limits, but parents and guardians may be able to add additional coverage to their policy to help cover certain valuable possessions such as expensive jewelry or a musical instrument.
When it comes to living in off-campus housing, Santa Monica students should consider purchasing their own Allstate renter’s insurance plan as their parents’ policy will not extend to cover their belongings. Securing your own renter’s insurance policy is a smart way to protect your finances as it helps to repair or replace your possessions if they are stolen or damaged by a covered risk. A renter’s insurance from Sully Insurance Center also includes liability coverage, which prevents you from having to pay out of pocket if a visitor gets injured and you are found legally responsible.
No matter where you plan to live this school year, it’s important to protect your possessions. Feel free to get in touch with the knowledgeable agents at Sully Insurance Center to learn more about our lineup of Allstate insurance products or for help selecting the right amount of coverage for your needs as a college student.