Allstate’s Renters Insurance for College Students

Getting renters insurance for your dorm room or apartment may be one of last thoughts on your mind after moving into your new place for this college year. Your thoughts are on your schedule, making friends or reuniting with them, and on-campus activities or organizations. However, all of the new adventures on a great campus can be put in the shadow of the responsibilities of studying, bills and food, but more importantly the chaos of emergencies. Obstacles are inevitable in college, but you can make sure you are covered with renter’s insurance if any of your important belongings are stolen or ruined by accident such as an electrical fire or flooding from a plumbing incident.

For the parent, the experience is completely different. This is where you worry most about your children. Has your son or daughter eaten? Do they have enough clothes? And are they safe in case something bad happens? Although your child is now an adult and is learning to live on his or her own, you can still have a solid foundation for them with renters insurance. It will help you sleep a little better knowing they are in good hands in case they have to deal with an emergency. You can think of it as a life lesson for them, which can then lead them to understand the details of insurance when they start their future careers and their own families.

For the students, you may be covered under your parents’ homeowners or renters insurance policy if you are younger than 26 years old and living in the dorms or any other on-campus housing. It is best to understand the details of your parents’ coverage to know the limits for personal property and if your belongings are affected by being “off-premises.” If you know that your parents’ policy limits will not cover everything you need to take with you to school you can add scheduled personal property coverage, also called a “floater,” to their current policy.

If you are living off-campus, you may need your own renters insurance policy because your parents’ insurance will probably not be able to cover any items that are stolen or damaged. You may also be provided with liability coverage that will help prevent you paying out of pocket in case there are any situations where you are responsible for an injury or damage to someone else’s property. 

You don’t want to deal with any of these situations, but keeping an inventory of your belongings and having coverage for each item will definitely help ease your worries when you already have such a busy schedule. As your agent, I will help you keep order and remain calm when you are faced with the inevitable emergency. College is the first time you are faced with the real world, meaning things never go according to plan. Contact me to help you get started on your future.